iShares National Muni Bond ETF $MUB Shares Sold by Diversified Portfolios Inc.

Diversified Portfolios Inc. lessened its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 124,634 shares of the exchange traded fund’s stock after selling 8,236 shares during the period. iShares National Muni Bond ETF comprises 1.1% of Diversified Portfolios Inc.’s portfolio, making the stock its 25th largest holding. Diversified Portfolios Inc.’s holdings in iShares National Muni Bond ETF were worth $13,350,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MUB. Turning Point Benefit Group Inc. acquired a new position in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $26,000. Dunhill Financial LLC raised its position in shares of iShares National Muni Bond ETF by 807.1% in the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $28,000. Hantz Financial Services Inc. raised its position in shares of iShares National Muni Bond ETF by 164.1% in the fourth quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 192 shares during the last quarter. Finally, Imprint Wealth LLC acquired a new position in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $35,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $106.17 on Tuesday. The firm has a 50 day simple moving average of $106.67 and a 200-day simple moving average of $107.19. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00.

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.