Apex Wealth Management LLC Sells 8,566 Shares of iShares National Muni Bond ETF $MUB

Apex Wealth Management LLC decreased its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 55.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,991 shares of the exchange traded fund’s stock after selling 8,566 shares during the period. Apex Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $752,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MUB. Nations Financial Group Inc. IA ADV grew its position 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 period. Princeton Global Asset Management LLC grew its position in shares of iShares National Muni Bond ETF by 8.4% in the 4th quarter. Princeton Global Asset Management LLC now owns 1,257 shares of the exchange traded fund’s stock worth $135,000 after buying an additional 97 shares during the period. SWS Partners grew its position in shares of iShares National Muni Bond ETF by 0.5% in the 3rd quarter. SWS Partners now owns 20,895 shares of the exchange traded fund’s stock worth $2,225,000 after buying an additional 99 shares during the period. Nvwm LLC grew its position in shares of iShares National Muni Bond ETF by 2.2% in the 3rd quarter. Nvwm LLC now owns 4,591 shares of the exchange traded fund’s stock worth $489,000 after buying an additional 100 shares during the period. Finally, Investment Planning Advisors Inc. grew its position in shares of iShares National Muni Bond ETF by 0.7% in the 3rd quarter. Investment Planning Advisors Inc. now owns 13,583 shares of the exchange traded fund’s stock worth $1,446,000 after buying an additional 100 shares during the period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.1%

NYSEARCA:MUB opened at $106.98 on Friday. The firm’s 50-day moving average price is $107.31 and its 200-day moving average price is $107.24. iShares National Muni Bond ETF has a 1-year low of $102.38 and a 1-year high of $109.00.

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.