iShares National Muni Bond ETF $MUB Position Lessened by Wealth Management Resources Inc.

Wealth Management Resources Inc. decreased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 95.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 40,028 shares of the exchange traded fund’s stock after selling 797,680 shares during the quarter. iShares National Muni Bond ETF comprises approximately 1.3% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 18th largest holding. Wealth Management Resources Inc.’s holdings in iShares National Muni Bond ETF were worth $4,047,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MUB. Checchi Capital Advisers LLC lifted its stake in iShares National Muni Bond ETF by 21.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after acquiring an additional 8,356 shares in the last quarter. Sterling Investment Advisors Ltd. boosted its holdings in iShares National Muni Bond ETF by 23.3% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock worth $6,714,000 after acquiring an additional 11,800 shares during the last quarter. CX Institutional grew its stake in shares of iShares National Muni Bond ETF by 6.9% in the 3rd quarter. CX Institutional now owns 253,468 shares of the exchange traded fund’s stock worth $25,626,000 after acquiring an additional 16,427 shares in the last quarter. First Heartland Consultants Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth $2,296,000. Finally, Vicus Capital grew its stake in shares of iShares National Muni Bond ETF by 4.1% in the 1st quarter. Vicus Capital now owns 183,680 shares of the exchange traded fund’s stock worth $19,498,000 after acquiring an additional 7,189 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.0%

Shares of MUB stock opened at $102.35 on Wednesday. The firm has a 50-day moving average of $103.19 and a 200-day moving average of $105.50. iShares National Muni Bond ETF has a one year low of $100.07 and a one year high of $109.00.

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.