iShares National Muni Bond ETF $MUB Stock: Orgel Wealth Management LLC Lowers Stake

Orgel Wealth Management LLC cut its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,526,062 shares of the exchange traded fund’s stock after selling 182,283 shares during the period. iShares National Muni Bond ETF accounts for approximately 4.8% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Orgel Wealth Management LLC owned 0.53% of iShares National Muni Bond ETF worth $255,385,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in MUB. Bank of America Corp DE grew its position in shares of iShares National Muni Bond ETF by 12.8% during the first 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 stake in iShares National Muni Bond ETF by 5.3% during the 2nd 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 acquiring an additional 880,501 shares in the last quarter. Wedmont Private Capital increased its holdings in shares of iShares National Muni Bond ETF by 158.7% during the third quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock valued at $124,451,000 after purchasing an additional 757,882 shares during the period. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF during the third quarter valued at $66,371,000. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at about $59,755,000. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $101.65 on Thursday. The firm’s 50-day simple moving average is $103.47 and its 200 day simple moving average is $105.60. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two week high of $109.00.

iShares National Muni Bond ETF Company 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.