McKinley Carter Wealth Services Inc. cut its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 49.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,728 shares of the exchange traded fund’s stock after selling 5,540 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in iShares National Muni Bond ETF were worth $610,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in the business. Granite Harbor Advisors Inc. increased its holdings in iShares National Muni Bond ETF by 10.1% in the 2nd quarter. Granite Harbor Advisors Inc. now owns 93,593 shares of the exchange traded fund’s stock valued at $9,779,000 after purchasing an additional 8,596 shares in the last quarter. Brookstone Capital Management boosted its position in shares of iShares National Muni Bond ETF by 31.5% in the third quarter. Brookstone Capital Management now owns 130,663 shares of the exchange traded fund’s stock worth $13,914,000 after buying an additional 31,324 shares during the period. Allen Capital Group LLC grew its stake in shares of iShares National Muni Bond ETF by 121.7% in the third quarter. Allen Capital Group LLC now owns 11,413 shares of the exchange traded fund’s stock valued at $1,215,000 after buying an additional 6,265 shares in the last quarter. First Horizon Corp purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at about $3,365,000. Finally, BIP Wealth LLC raised its holdings in shares of iShares National Muni Bond ETF by 171.2% during the 3rd quarter. BIP Wealth LLC now owns 71,152 shares of the exchange traded fund’s stock valued at $7,577,000 after buying an additional 44,917 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Performance
NYSEARCA MUB opened at $107.85 on Friday. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $107.96. The business has a 50 day moving average price of $107.24 and a two-hundred day moving average price of $106.25.
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). 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.
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