iShares National Muni Bond ETF (NYSEARCA:MUB) Position Cut by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC trimmed its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 16.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 82,901 shares of the exchange traded fund’s stock after selling 16,308 shares during the quarter. iShares National Muni Bond ETF comprises about 0.9% of Resonant Capital Advisors LLC’s portfolio, making the stock its 28th biggest holding. Resonant Capital Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $8,987,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Wheelhouse Advisory Group LLC acquired a new stake in iShares National Muni Bond ETF during the 4th quarter valued at $502,000. Andrew Hill Investment Advisors Inc. acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth $388,000. Davidson Trust Co. acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth $591,000. HTLF Bank acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth $703,000. Finally, AIFG Consultants Ltd. increased its stake in shares of iShares National Muni Bond ETF by 7.9% in the fourth quarter. AIFG Consultants Ltd. now owns 34,121 shares of the exchange traded fund’s stock worth $3,699,000 after acquiring an additional 2,505 shares during the last quarter.

iShares National Muni Bond ETF Trading Up 0.1 %

Shares of NYSEARCA MUB traded up $0.10 during mid-day trading on Friday, reaching $106.49. The company had a trading volume of 1,503,910 shares, compared to its average volume of 3,692,406. iShares National Muni Bond ETF has a twelve month low of $100.78 and a twelve month high of $108.82. The stock’s 50 day moving average is $107.46 and its 200-day moving average is $106.28.

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).