iShares National Muni Bond ETF $MUB Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. reduced its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 23.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,402 shares of the exchange traded fund’s stock after selling 3,876 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares National Muni Bond ETF were worth $1,296,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MUB. Betterment LLC grew its position in iShares National Muni Bond ETF by 0.8% during the first quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock valued at $1,941,014,000 after acquiring an additional 150,443 shares during the period. LPL Financial LLC grew its position in iShares National Muni Bond ETF by 3.1% during the first quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock valued at $1,047,666,000 after acquiring an additional 299,520 shares during the period. Charles Schwab Investment Management Inc. grew its position in iShares National Muni Bond ETF by 9.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock valued at $970,047,000 after acquiring an additional 802,170 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in iShares National Muni Bond ETF by 7.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock valued at $800,088,000 after acquiring an additional 550,570 shares during the period. Finally, US Bancorp DE grew its position in iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after acquiring an additional 1,877,664 shares during the period. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $107.61 on Tuesday. The stock has a 50-day moving average price of $106.05 and a two-hundred day moving average price of $104.65. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.60.

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).