Private Client Services LLC Cuts Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Private Client Services LLC decreased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,071 shares of the exchange traded fund’s stock after selling 817 shares during the period. Private Client Services LLC’s holdings in iShares National Muni Bond ETF were worth $966,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in MUB. Wit LLC boosted its holdings in iShares National Muni Bond ETF by 713.9% in the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 257 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $34,000. GHP Investment Advisors Inc. purchased a new stake in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $44,000. Cordant Inc. acquired a new position in iShares National Muni Bond ETF during the third quarter worth $56,000. Finally, Future Financial Wealth Managment LLC purchased a new position in iShares National Muni Bond ETF in the third quarter worth $66,000.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock traded down $0.44 during midday trading on Wednesday, reaching $105.99. The company’s stock had a trading volume of 2,633,032 shares, compared to its average volume of 3,704,053. iShares National Muni Bond ETF has a fifty-two week low of $105.37 and a fifty-two week high of $108.81. The stock’s 50 day simple moving average is $107.23 and its 200 day simple moving average is $107.52.

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).