Avant Financial Advisors LLC Cuts Stock Position in iShares National Muni Bond ETF $MUB

Avant Financial Advisors LLC reduced its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 43.4% in the third quarter, Holdings Channel.com reports. The fund owned 26,734 shares of the exchange traded fund’s stock after selling 20,483 shares during the period. iShares National Muni Bond ETF makes up about 2.1% of Avant Financial Advisors LLC’s investment portfolio, making the stock its 17th largest position. Avant Financial Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $2,847,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fisher Asset Management LLC grew its position in shares of iShares National Muni Bond ETF by 43.0% during the second quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock worth $931,432,000 after purchasing an additional 2,679,139 shares in the last quarter. US Bancorp DE grew its holdings in shares of iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after buying an additional 1,877,664 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in shares of iShares National Muni Bond ETF by 11,118.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,093,247 shares of the exchange traded fund’s stock valued at $114,222,000 after buying an additional 1,083,502 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares National Muni Bond ETF by 4.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock worth $2,126,917,000 after acquiring an additional 890,804 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares National Muni Bond ETF by 12.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,877,240 shares of the exchange traded fund’s stock worth $509,574,000 after acquiring an additional 555,736 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $107.73 on Wednesday. The company’s 50-day moving average price is $107.20 and its 200 day moving average price is $106.18. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $107.85.

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.