SeaBridge Investment Advisors LLC Sells 3,248 Shares of iShares National Muni Bond ETF $MUB

SeaBridge Investment Advisors LLC reduced its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 29.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,880 shares of the exchange traded fund’s stock after selling 3,248 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $823,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of MUB. Allstate Corp increased its stake in iShares National Muni Bond ETF by 91.2% during the 1st quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock valued at $318,214,000 after purchasing an additional 1,439,584 shares in the last quarter. Park Avenue Securities LLC bought a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at about $116,279,000. Silver Oak Securities Incorporated bought a new stake in iShares National Muni Bond ETF during the 1st quarter valued at about $111,955,000. Charles Schwab Investment Management Inc. grew its stake in shares of iShares National Muni Bond ETF by 9.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock worth $970,047,000 after acquiring an additional 802,170 shares during the period. Finally, Raymond James Financial Inc. grew its stake in shares of iShares National Muni Bond ETF by 57.1% in the first quarter. Raymond James Financial Inc. now owns 1,743,638 shares of the exchange traded fund’s stock worth $183,849,000 after acquiring an additional 633,905 shares during the period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Trading Up 0.0%

Shares of MUB stock opened at $106.26 on Friday. The company has a 50 day moving average price of $104.76 and a 200-day moving average price of $104.37. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.81.

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).