Catalyst Financial Partners LLC Sells 17,937 Shares of iShares National Muni Bond ETF $MUB

Catalyst Financial Partners LLC cut its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 19.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,916 shares of the exchange traded fund’s stock after selling 17,937 shares during the quarter. iShares National Muni Bond ETF makes up about 0.9% of Catalyst Financial Partners LLC’s investment portfolio, making the stock its 17th largest position. Catalyst Financial Partners LLC’s holdings in iShares National Muni Bond ETF were worth $7,871,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in MUB. Hollencrest Capital Management bought a new position in shares of iShares National Muni Bond ETF in the 2nd quarter worth $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. Inlight Wealth Management LLC purchased a new position in iShares National Muni Bond ETF in the third quarter valued at about $37,000. Evolution Wealth Management Inc. purchased a new position in iShares National Muni Bond ETF in the second quarter valued at about $44,000. Finally, Financial Network Wealth Advisors LLC raised its holdings in iShares National Muni Bond ETF by 83.8% in the third quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 212 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.0%

NYSEARCA MUB opened at $108.75 on Thursday. The company has a 50 day moving average price of $107.64 and a 200 day moving average price of $106.80. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.80.

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.