Cardinal Point Capital Management ULC trimmed its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 3.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 320,647 shares of the exchange traded fund’s stock after selling 10,528 shares during the period. iShares National Muni Bond ETF makes up approximately 2.6% of Cardinal Point Capital Management ULC’s portfolio, making the stock its 8th largest holding. Cardinal Point Capital Management ULC’s holdings in iShares National Muni Bond ETF were worth $33,501,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. American Capital Advisory LLC purchased a new position in shares of iShares National Muni Bond ETF during the first quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC lifted its holdings in shares of iShares National Muni Bond ETF by 121.9% during the first quarter. Financial Network Wealth Advisors LLC now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 139 shares during the last quarter. Raleigh Capital Management Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 2,193.3% during the first quarter. Raleigh Capital Management Inc. now owns 344 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 329 shares during the last quarter. HFM Investment Advisors LLC purchased a new position in shares of iShares National Muni Bond ETF during the first quarter valued at approximately $37,000. Finally, Integrity Financial Corp WA lifted its holdings in shares of iShares National Muni Bond ETF by 55.7% during the first quarter. Integrity Financial Corp WA now owns 358 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 128 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 Trading Down 0.1%
MUB stock opened at $107.53 on Friday. The firm has a 50 day moving average price of $105.91 and a 200-day moving average price of $104.56. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week high of $108.60.
About iShares National Muni Bond ETF
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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