Kovitz Investment Group Partners LLC Sells 164,844 Shares of iShares National Muni Bond ETF $MUB

Kovitz Investment Group Partners LLC cut its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 86.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,391 shares of the exchange traded fund’s stock after selling 164,844 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares National Muni Bond ETF were worth $2,827,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of MUB. Hamilton Wealth LLC grew its stake in shares of iShares National Muni Bond ETF by 20.3% in the 4th quarter. Hamilton Wealth LLC now owns 16,155 shares of the exchange traded fund’s stock worth $1,730,000 after acquiring an additional 2,728 shares in the last quarter. Compound Planning Inc. lifted its position in shares of iShares National Muni Bond ETF by 16.2% during the fourth quarter. Compound Planning Inc. now owns 60,117 shares of the exchange traded fund’s stock valued at $6,439,000 after purchasing an additional 8,365 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in iShares National Muni Bond ETF by 3.2% during the fourth quarter. Axxcess Wealth Management LLC now owns 210,915 shares of the exchange traded fund’s stock worth $22,591,000 after purchasing an additional 6,595 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in iShares National Muni Bond ETF by 7.5% during the fourth quarter. Corient Private Wealth LLC now owns 847,950 shares of the exchange traded fund’s stock worth $90,824,000 after purchasing an additional 59,102 shares during the last quarter. Finally, High Falls Advisors Inc boosted its holdings in iShares National Muni Bond ETF by 7.8% during the fourth quarter. High Falls Advisors Inc now owns 66,390 shares of the exchange traded fund’s stock worth $7,111,000 after purchasing an additional 4,789 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $107.33 on Friday. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00. The company has a 50-day simple moving average of $106.91 and a two-hundred day simple moving average of $107.17.

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.