Foster & Motley Inc. Decreases Stock Position in iShares National Muni Bond ETF $MUB

Foster & Motley Inc. reduced its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 33.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,937 shares of the exchange traded fund’s stock after selling 18,225 shares during the period. Foster & Motley Inc.’s holdings in iShares National Muni Bond ETF were worth $3,921,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Integrated Investment Consultants LLC increased its holdings in shares of iShares National Muni Bond ETF by 2.1% in the 4th quarter. Integrated Investment Consultants LLC now owns 4,567 shares of the exchange traded fund’s stock worth $489,000 after purchasing an additional 94 shares in the last quarter. Princeton Global Asset Management LLC raised its stake in iShares National Muni Bond ETF by 8.4% during the 4th quarter. Princeton Global Asset Management LLC now owns 1,257 shares of the exchange traded fund’s stock worth $135,000 after acquiring an additional 97 shares during the period. Financial Sense Advisors Inc. lifted its stake in shares of iShares National Muni Bond ETF by 1.4% during the 4th quarter. Financial Sense Advisors Inc. now owns 6,824 shares of the exchange traded fund’s stock valued at $731,000 after buying an additional 97 shares in the last quarter. Silver Oak Securities Incorporated grew its position in shares of iShares National Muni Bond ETF by 6.4% during the first quarter. Silver Oak Securities Incorporated now owns 1,657 shares of the exchange traded fund’s stock worth $176,000 after purchasing an additional 99 shares in the last quarter. Finally, Graybill Wealth Management LTD. grew its holdings in iShares National Muni Bond ETF by 1.6% during the 3rd quarter. Graybill Wealth Management LTD. now owns 6,457 shares of the exchange traded fund’s stock valued at $688,000 after buying an additional 100 shares in the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Up 0.0%

Shares of iShares National Muni Bond ETF stock opened at $107.60 on Friday. The stock has a 50 day moving average price of $106.96 and a 200-day moving average price of $107.19. iShares National Muni Bond ETF has a one year low of $103.14 and a one 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.