Bristlecone Advisors LLC Sells 2,514 Shares of iShares National Muni Bond ETF $MUB

Bristlecone Advisors LLC reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 21.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,431 shares of the exchange traded fund’s stock after selling 2,514 shares during the period. Bristlecone Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $985,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE boosted its holdings in iShares National Muni Bond ETF by 34.4% in the 2nd 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 during the period. Allstate Corp boosted its holdings in iShares National Muni Bond ETF by 91.2% in the 1st quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock worth $318,214,000 after buying an additional 1,439,584 shares during the period. Park Avenue Securities LLC bought a new position in iShares National Muni Bond ETF in the 2nd quarter worth approximately $116,279,000. Envestnet Asset Management Inc. boosted its holdings in iShares National Muni Bond ETF by 4.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock worth $2,126,917,000 after buying an additional 890,804 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in iShares National Muni Bond ETF by 9.6% in the 1st 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 during the period. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Down 0.1%

MUB opened at $107.40 on Thursday. The company has a 50 day moving average of $106.18 and a 200 day moving average of $104.72. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.60.

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).