Charles Schwab Investment Advisory Inc. Reduces Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Charles Schwab Investment Advisory Inc. trimmed its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,980,031 shares of the exchange traded fund’s stock after selling 575,293 shares during the period. iShares National Muni Bond ETF comprises 1.4% of Charles Schwab Investment Advisory Inc.’s holdings, making the stock its 17th biggest holding. Charles Schwab Investment Advisory Inc.’s holdings in iShares National Muni Bond ETF were worth $973,525,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of MUB. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of iShares National Muni Bond ETF by 34.6% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 58,086 shares of the exchange traded fund’s stock valued at $6,297,000 after purchasing an additional 14,943 shares during the last quarter. Apollon Wealth Management LLC raised its position in shares of iShares National Muni Bond ETF by 35.9% in the 4th quarter. Apollon Wealth Management LLC now owns 128,151 shares of the exchange traded fund’s stock valued at $13,893,000 after purchasing an additional 33,871 shares during the last quarter. Lincoln National Corp boosted its stake in iShares National Muni Bond ETF by 76.2% in the 4th quarter. Lincoln National Corp now owns 158,361 shares of the exchange traded fund’s stock worth $17,168,000 after purchasing an additional 68,510 shares in the last quarter. Spire Wealth Management increased its stake in iShares National Muni Bond ETF by 14.1% during the 4th quarter. Spire Wealth Management now owns 9,871 shares of the exchange traded fund’s stock valued at $1,061,000 after purchasing an additional 1,223 shares in the last quarter. Finally, Gallacher Capital Management LLC boosted its holdings in iShares National Muni Bond ETF by 53.4% during the fourth quarter. Gallacher Capital Management LLC now owns 4,599 shares of the exchange traded fund’s stock worth $499,000 after buying an additional 1,600 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

MUB traded down $0.07 during midday trading on Wednesday, hitting $107.02. 1,445,195 shares of the company traded hands, compared to its average volume of 3,659,106. iShares National Muni Bond ETF has a 52-week low of $100.78 and a 52-week high of $108.82. The business has a 50 day simple moving average of $107.12 and a two-hundred day simple moving average of $106.75.

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).