iShares National Muni Bond ETF $MUB is Balentine LLC’s 8th Largest Position

Balentine LLC lowered its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 796,746 shares of the exchange traded fund’s stock after selling 32,404 shares during the period. iShares National Muni Bond ETF comprises about 3.1% of Balentine LLC’s investment portfolio, making the stock its 8th biggest position. Balentine LLC’s holdings in iShares National Muni Bond ETF were worth $84,845,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hollencrest Capital Management bought a new position in shares of iShares National Muni Bond ETF during the second quarter valued at about $26,000. Total Investment Management Inc. bought a new position in shares of iShares National Muni Bond ETF in the 2nd quarter worth about $33,000. Inlight Wealth Management LLC purchased a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth approximately $37,000. Evolution Wealth Management Inc. purchased a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at about $44,000. Finally, Financial Network Wealth Advisors LLC boosted its stake in iShares National Muni Bond ETF by 83.8% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 212 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.2%

Shares of MUB stock opened at $108.26 on Tuesday. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.38. The company has a 50 day moving average price of $107.41 and a 200-day moving average price of $106.60.

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.