Alhambra Investment Management LLC Sells 1,367 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Alhambra Investment Management LLC lessened its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.0% during the 1st quarter, Holdings Channel reports. The fund owned 21,322 shares of the exchange traded fund’s stock after selling 1,367 shares during the period. iShares National Muni Bond ETF comprises approximately 1.2% of Alhambra Investment Management LLC’s holdings, making the stock its 23rd largest position. Alhambra Investment Management LLC’s holdings in iShares National Muni Bond ETF were worth $2,248,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of MUB. Brighton Jones LLC bought a new stake in iShares National Muni Bond ETF during the 4th quarter valued at $325,000. Revolve Wealth Partners LLC boosted its position in shares of iShares National Muni Bond ETF by 10.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock worth $13,233,000 after purchasing an additional 11,989 shares in the last quarter. White & Co Financial Planning Inc acquired a new stake in shares of iShares National Muni Bond ETF in the 4th quarter worth $1,702,000. Wilmington Savings Fund Society FSB boosted its position in shares of iShares National Muni Bond ETF by 7.9% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,741 shares of the exchange traded fund’s stock worth $399,000 after purchasing an additional 273 shares in the last quarter. Finally, Stephens Inc. AR boosted its position in shares of iShares National Muni Bond ETF by 1.1% in the 4th quarter. Stephens Inc. AR now owns 46,916 shares of the exchange traded fund’s stock worth $4,999,000 after purchasing an additional 521 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $103.44 on Wednesday. The business has a fifty day moving average of $103.79 and a 200 day moving average of $105.64. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $108.81.

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).