Magnus Financial Group LLC Decreases Holdings in iShares National Muni Bond ETF $MUB

Magnus Financial Group LLC trimmed its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 29.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,699 shares of the exchange traded fund’s stock after selling 2,838 shares during the period. Magnus Financial Group LLC’s holdings in iShares National Muni Bond ETF were worth $700,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MUB. Wakefield Asset Management LLLP lifted its stake in shares of iShares National Muni Bond ETF by 1.1% in the first quarter. Wakefield Asset Management LLLP now owns 9,017 shares of the exchange traded fund’s stock worth $951,000 after buying an additional 100 shares in the last quarter. Collaborative Wealth Managment Inc. lifted its stake in shares of iShares National Muni Bond ETF by 2.5% in the first quarter. Collaborative Wealth Managment Inc. now owns 4,192 shares of the exchange traded fund’s stock worth $442,000 after buying an additional 103 shares in the last quarter. Kathleen S. Wright Associates Inc. lifted its stake in shares of iShares National Muni Bond ETF by 5.2% in the first quarter. Kathleen S. Wright Associates Inc. now owns 2,211 shares of the exchange traded fund’s stock worth $233,000 after buying an additional 109 shares in the last quarter. Kagan Cocozza Asset Management lifted its stake in shares of iShares National Muni Bond ETF by 1.6% in the second quarter. Kagan Cocozza Asset Management now owns 6,862 shares of the exchange traded fund’s stock worth $717,000 after buying an additional 109 shares in the last quarter. Finally, Insigneo Advisory Services LLC raised its stake in iShares National Muni Bond ETF by 4.7% during the first quarter. Insigneo Advisory Services LLC now owns 2,460 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 110 shares during the period. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Down 0.1%

Shares of MUB stock opened at $106.25 on Friday. The firm’s 50-day moving average is $104.70 and its two-hundred day moving average is $104.38. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.81.

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).