Pinnacle Financial Partners Inc Sells 12,113 Shares of iShares National Muni Bond ETF $MUB

Pinnacle Financial Partners Inc lessened its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 81.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,726 shares of the exchange traded fund’s stock after selling 12,113 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares National Muni Bond ETF were worth $290,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its holdings in shares of iShares National Muni Bond ETF by 43.0% during the 2nd quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock worth $931,432,000 after purchasing an additional 2,679,139 shares in the last quarter. US Bancorp DE raised its stake in iShares National Muni Bond ETF by 34.4% in 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 purchasing an additional 1,877,664 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in iShares National Muni Bond ETF by 11,118.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,093,247 shares of the exchange traded fund’s stock worth $114,222,000 after purchasing an additional 1,083,502 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares National Muni Bond ETF by 4.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock worth $2,126,917,000 after purchasing an additional 890,804 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in iShares National Muni Bond ETF by 12.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 4,877,240 shares of the exchange traded fund’s stock worth $509,574,000 after buying an additional 555,736 shares in the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $107.61 on Tuesday. The company’s 50-day moving average price is $107.16 and its two-hundred day moving average price is $106.04. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $107.85.

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.