JFS Wealth Advisors LLC cut its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 23.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 383,282 shares of the exchange traded fund’s stock after selling 116,418 shares during the quarter. iShares National Muni Bond ETF comprises approximately 2.5% of JFS Wealth Advisors LLC’s portfolio, making the stock its 9th largest holding. JFS Wealth Advisors LLC owned about 0.10% of iShares National Muni Bond ETF worth $40,045,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Betterment LLC boosted its holdings in iShares National Muni Bond ETF by 0.8% during the first quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock worth $1,941,014,000 after buying an additional 150,443 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares National Muni Bond ETF by 3.1% during the first quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock worth $1,047,666,000 after buying an additional 299,520 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in iShares National Muni Bond ETF by 9.6% during 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 buying an additional 802,170 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares National Muni Bond ETF by 7.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock worth $800,088,000 after buying an additional 550,570 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock worth $767,087,000 after buying an additional 1,877,664 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Price Performance
MUB stock opened at $106.85 on Friday. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.60. The company’s 50-day moving average price is $105.32 and its 200 day moving average price is $104.43.
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).
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