Forvis Mazars Wealth Advisors LLC Decreases Position in iShares National Muni Bond ETF $MUB

Forvis Mazars Wealth Advisors LLC reduced its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 632,727 shares of the exchange traded fund’s stock after selling 15,070 shares during the period. iShares National Muni Bond ETF accounts for approximately 1.3% of Forvis Mazars Wealth Advisors LLC’s portfolio, making the stock its 11th largest holding. Forvis Mazars Wealth Advisors LLC owned approximately 0.17% of iShares National Muni Bond ETF worth $67,379,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Hollencrest Capital Management purchased a new position in shares of iShares National Muni Bond ETF in the second quarter valued at $26,000. Total Investment Management Inc. purchased a new position in iShares National Muni Bond ETF during the 2nd quarter valued at about $33,000. Inlight Wealth Management LLC purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at about $37,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares National Muni Bond ETF in the second quarter worth about $43,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $44,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Performance

MUB opened at $107.23 on Wednesday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $107.85. The company has a fifty day moving average price of $107.15 and a 200-day moving average price of $106.06.

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.