Balentine LLC Has $84.85 Million Stock Position in iShares National Muni Bond ETF $MUB

Balentine LLC lessened its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 796,746 shares of the exchange traded fund’s stock after selling 32,404 shares during the quarter. iShares National Muni Bond ETF accounts for 3.1% of Balentine LLC’s investment portfolio, making the stock its 8th largest position. Balentine LLC owned approximately 0.21% of iShares National Muni Bond ETF worth $84,845,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV boosted its holdings in shares of iShares National Muni Bond ETF by 1.4% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 6,953 shares of the exchange traded fund’s stock worth $741,000 after buying an additional 93 shares during the last quarter. SWS Partners raised its position in shares of iShares National Muni Bond ETF by 0.5% in the third quarter. SWS Partners now owns 20,895 shares of the exchange traded fund’s stock valued at $2,225,000 after purchasing an additional 99 shares during the period. Nvwm LLC raised its stake in shares of iShares National Muni Bond ETF by 2.2% during the 3rd quarter. Nvwm LLC now owns 4,591 shares of the exchange traded fund’s stock valued at $489,000 after purchasing an additional 100 shares during the period. Investment Planning Advisors Inc. boosted its position in shares of iShares National Muni Bond ETF by 0.7% in the third quarter. Investment Planning Advisors Inc. now owns 13,583 shares of the exchange traded fund’s stock valued at $1,446,000 after acquiring an additional 100 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its stake in iShares National Muni Bond ETF by 5.5% during the third quarter. Capital Investment Advisory Services LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $219,000 after buying an additional 107 shares during the period. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $108.26 on Tuesday. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.38. The company’s 50 day moving average is $107.41 and its 200 day moving average is $106.60.

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.