iShares National Muni Bond ETF $MUB Shares Sold by Founders Financial Securities LLC

Founders Financial Securities LLC reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,721 shares of the exchange traded fund’s stock after selling 6,531 shares during the period. Founders Financial Securities LLC’s holdings in iShares National Muni Bond ETF were worth $6,040,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hollencrest Capital Management acquired a new position in shares of iShares National Muni Bond ETF in the second quarter worth $26,000. Total Investment Management Inc. acquired a new position in iShares National Muni Bond ETF in the 2nd quarter valued at about $33,000. HFM Investment Advisors LLC acquired a new position in iShares National Muni Bond ETF in the 1st quarter valued at about $37,000. Mattson Financial Services LLC purchased a new position in iShares National Muni Bond ETF in the 1st quarter valued at about $41,000. Finally, Harbor Asset Planning Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth about $43,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

Shares of NYSEARCA MUB opened at $106.79 on Wednesday. The company has a 50-day simple moving average of $107.17 and a 200-day simple moving average of $105.60. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $107.72.

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). 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.