Soltis Investment Advisors LLC Decreases Stake in iShares National Muni Bond ETF $MUB

Soltis Investment Advisors LLC lessened its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 5,588 shares of the exchange traded fund’s stock after selling 657 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $584,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Granite Harbor Advisors Inc. grew its holdings in shares of iShares National Muni Bond ETF by 10.1% in the second quarter. Granite Harbor Advisors Inc. now owns 93,593 shares of the exchange traded fund’s stock valued at $9,779,000 after purchasing an additional 8,596 shares during the period. Charles Schwab Trust Co increased its holdings in shares of iShares National Muni Bond ETF by 22.8% during the 2nd quarter. Charles Schwab Trust Co now owns 170,253 shares of the exchange traded fund’s stock worth $17,788,000 after buying an additional 31,590 shares during the last quarter. Pathway Financial Advisors LLC grew its position in iShares National Muni Bond ETF by 57.1% in the second quarter. Pathway Financial Advisors LLC now owns 7,132 shares of the exchange traded fund’s stock worth $745,000 after acquiring an additional 2,592 shares during the period. San Luis Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF during the second quarter worth $6,113,000. Finally, Sequoia Financial Advisors LLC raised its position in iShares National Muni Bond ETF by 6.2% in the second quarter. Sequoia Financial Advisors LLC now owns 1,674,873 shares of the exchange traded fund’s stock valued at $174,991,000 after purchasing an additional 97,711 shares during the period. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $107.23 on Friday. The business has a 50-day moving average price of $106.54 and a 200 day moving average price of $104.87. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month 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).