Founders Grove Wealth Partners LLC Sells 4,759 Shares of iShares National Muni Bond ETF $MUB

Founders Grove Wealth Partners LLC trimmed its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 34.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,862 shares of the exchange traded fund’s stock after selling 4,759 shares during the quarter. Founders Grove Wealth Partners LLC’s holdings in iShares National Muni Bond ETF were worth $944,000 as of its most recent SEC filing.

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

iShares National Muni Bond ETF Price Performance

MUB stock opened at $106.89 on Friday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $107.72. The firm has a 50-day simple moving average of $107.14 and a two-hundred day simple moving average of $105.66.

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.