Factor Wealth Management LTD Has $406,000 Stock Position in iShares National Muni Bond ETF $MUB

Factor Wealth Management LTD lowered its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUBFree Report) by 66.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,774 shares of the exchange traded fund’s stock after selling 7,325 shares during the quarter. Factor Wealth Management LTD’s holdings in iShares National Muni Bond ETF were worth $406,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Karpus Management Inc. acquired a new stake in iShares National Muni Bond ETF in the fourth quarter worth about $25,000. MBM Wealth Consultants LLC acquired a new position in iShares National Muni Bond ETF during the 1st quarter valued at about $26,000. IMG Wealth Management Inc. lifted its position in iShares National Muni Bond ETF by 79.9% during the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 107 shares during the period. Turning Point Benefit Group Inc. acquired a new position in iShares National Muni Bond ETF during the 3rd quarter valued at about $26,000. Finally, Dunhill Financial LLC boosted its stake in shares of iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 226 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.2%

Shares of NYSEARCA:MUB opened at $105.66 on Friday. iShares National Muni Bond ETF has a one year low of $103.83 and a one year high of $109.00. The company has a 50 day moving average of $106.77 and a 200-day moving average of $107.05.

About iShares National Muni Bond ETF

(Free Report)

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.

Recommended Stories

Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUBFree Report).

Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

Receive News & Ratings for iShares National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.