Cypress Financial Planning LLC Decreases Stake in iShares National Muni Bond ETF $MUB

Cypress Financial Planning LLC cut its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 38.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,489 shares of the exchange traded fund’s stock after selling 5,327 shares during the period. Cypress Financial Planning LLC’s holdings in iShares National Muni Bond ETF were worth $858,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE grew its position in iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after acquiring an additional 4,763,839 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares National Muni Bond ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after purchasing an additional 880,501 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares National Muni Bond ETF by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after purchasing an additional 214,265 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares National Muni Bond ETF by 2.5% during the fourth quarter. JPMorgan Chase & Co. now owns 4,691,873 shares of the exchange traded fund’s stock worth $502,547,000 after purchasing an additional 115,176 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares National Muni Bond ETF by 14.9% during the first quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock worth $340,841,000 after purchasing an additional 416,372 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock traded up $0.34 on Friday, hitting $101.08. The stock had a trading volume of 22,977,998 shares, compared to its average volume of 5,563,692. The stock has a 50 day moving average of $103.81 and a 200 day moving average of $105.73. iShares National Muni Bond ETF has a twelve month low of $100.07 and a twelve month high of $109.00.

iShares National Muni Bond ETF Profile

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.