iShares National Muni Bond ETF $MUB Holdings Lowered by Cardinal Strategic Wealth Guidance

Cardinal Strategic Wealth Guidance trimmed its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 185,236 shares of the exchange traded fund’s stock after selling 21,134 shares during the period. iShares National Muni Bond ETF accounts for about 5.6% of Cardinal Strategic Wealth Guidance’s portfolio, making the stock its 5th largest position. Cardinal Strategic Wealth Guidance’s holdings in iShares National Muni Bond ETF were worth $19,353,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Allstate Corp increased its holdings in shares of iShares National Muni Bond ETF by 91.2% in the first quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock worth $318,214,000 after purchasing an additional 1,439,584 shares during the last quarter. Park Avenue Securities LLC bought a new stake in shares of iShares National Muni Bond ETF in the second quarter worth about $116,279,000. Silver Oak Securities Incorporated bought a new stake in shares of iShares National Muni Bond ETF in the first quarter worth about $111,955,000. Charles Schwab Investment Management Inc. increased its holdings in shares of iShares National Muni Bond ETF by 9.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock worth $970,047,000 after purchasing an additional 802,170 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of iShares National Muni Bond ETF by 57.1% in the first quarter. Raymond James Financial Inc. now owns 1,743,638 shares of the exchange traded fund’s stock worth $183,849,000 after purchasing an additional 633,905 shares during the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Up 0.0%

Shares of MUB stock opened at $106.38 on Friday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.60. The stock’s 50-day moving average price is $105.05 and its 200-day moving average price is $104.40.

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).