Avantax Planning Partners Inc. Decreases Stock Holdings in iShares National Muni Bond ETF $MUB

Avantax Planning Partners Inc. reduced its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 495,654 shares of the exchange traded fund’s stock after selling 7,053 shares during the quarter. iShares National Muni Bond ETF makes up about 1.4% of Avantax Planning Partners Inc.’s holdings, making the stock its 15th largest position. Avantax Planning Partners Inc. owned about 0.12% of iShares National Muni Bond ETF worth $52,614,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Aegis Wealth Management Inc. bought a new stake in iShares National Muni Bond ETF in the fourth quarter valued at approximately $552,000. Confluence Investment Management LLC increased its stake in shares of iShares National Muni Bond ETF by 30.9% in the fourth quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after buying an additional 7,072 shares during the period. Cahaba Wealth Management Inc. raised its holdings in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock valued at $37,592,000 after buying an additional 11,597 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at $12,404,000. Finally, Capital Advantage Inc. purchased a new stake in iShares National Muni Bond ETF during the 4th quarter valued at $776,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $106.90 on Tuesday. The firm’s 50-day moving average price is $106.96 and its two-hundred day moving average price is $107.22. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00.

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.