iShares National Muni Bond ETF $MUB Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC lowered its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 60.6% during the third quarter, HoldingsChannel reports. The firm owned 22,861 shares of the exchange traded fund’s stock after selling 35,196 shares during the period. Confluence Investment Management LLC’s holdings in iShares National Muni Bond ETF were worth $2,434,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MUB. Fisher Asset Management LLC grew its holdings in 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 valued at $931,432,000 after purchasing an additional 2,679,139 shares in the last quarter. US Bancorp DE lifted its holdings in iShares National Muni Bond ETF by 34.4% in the 2nd quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock worth $767,087,000 after buying an additional 1,877,664 shares in the last quarter. Park Avenue Securities LLC purchased a new position in iShares National Muni Bond ETF in the 2nd quarter valued at about $116,279,000. Laurel Wealth Advisors LLC grew its stake in shares of 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 valued at $114,222,000 after acquiring an additional 1,083,502 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of 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 valued at $2,126,917,000 after acquiring an additional 890,804 shares in the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Up 0.1%

NYSEARCA:MUB opened at $106.79 on Wednesday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $107.72. The business’s 50-day simple moving average is $107.17 and its 200 day simple moving average is $105.60.

iShares National Muni Bond ETF Company 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.