iShares National Muni Bond ETF (NYSEARCA:MUB) Shares Sold by Advisory Services Network LLC

Advisory Services Network LLC reduced its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 18.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,954 shares of the exchange traded fund’s stock after selling 26,132 shares during the period. Advisory Services Network LLC’s holdings in iShares National Muni Bond ETF were worth $12,787,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ruedi Wealth Management Inc. raised its holdings in shares of iShares National Muni Bond ETF by 66.4% during the 4th quarter. Ruedi Wealth Management Inc. now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 101 shares during the period. Howe & Rusling Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at about $28,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at about $28,000. Bfsg LLC purchased a new stake in iShares National Muni Bond ETF during the 4th quarter worth approximately $30,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in iShares National Muni Bond ETF during the 4th quarter worth approximately $46,000.

iShares National Muni Bond ETF Price Performance

MUB stock traded down $0.08 during midday trading on Friday, hitting $105.79. 2,191,933 shares of the company’s stock were exchanged, compared to its average volume of 3,620,513. iShares National Muni Bond ETF has a 12-month low of $100.78 and a 12-month high of $108.82. The firm has a 50 day moving average price of $106.81 and a 200-day moving average price of $107.11.

About iShares National Muni Bond ETF

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index).