McAdam LLC Lowers Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

McAdam LLC decreased its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 49,457 shares of the exchange traded fund’s stock after selling 974 shares during the period. McAdam LLC’s holdings in iShares National Muni Bond ETF were worth $5,362,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Eagle Wealth Strategies LLC purchased a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth about $996,000. Blue Chip Partners LLC grew its stake in iShares National Muni Bond ETF by 6,242.8% in the 4th quarter. Blue Chip Partners LLC now owns 236,522 shares of the exchange traded fund’s stock worth $25,641,000 after buying an additional 232,793 shares in the last quarter. Magnus Financial Group LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at $632,000. Legacy Capital Wealth Partners LLC bought a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth $2,080,000. Finally, Conservest Capital Advisors Inc. increased its stake in iShares National Muni Bond ETF by 2,320.5% in the fourth quarter. Conservest Capital Advisors Inc. now owns 72,857 shares of the exchange traded fund’s stock valued at $7,898,000 after acquiring an additional 69,847 shares during the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of MUB traded up $0.29 during midday trading on Monday, reaching $106.41. The stock had a trading volume of 889,629 shares, compared to its average volume of 3,643,908. The company’s 50-day moving average is $107.30 and its 200 day moving average is $106.52. iShares National Muni Bond ETF has a 12-month low of $100.78 and a 12-month high of $108.82.

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).