Focus Partners Advisor Solutions LLC Cuts Stock Position in iShares National Muni Bond ETF $MUB

Focus Partners Advisor Solutions LLC lowered its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 35.8% in the second quarter, Holdings Channel reports. The institutional investor owned 48,694 shares of the exchange traded fund’s stock after selling 27,137 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares National Muni Bond ETF were worth $5,088,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in MUB. BankPlus Wealth Management LLC lifted its stake in iShares National Muni Bond ETF by 1.9% in the 2nd quarter. BankPlus Wealth Management LLC now owns 5,443 shares of the exchange traded fund’s stock valued at $569,000 after buying an additional 99 shares in the last quarter. Wakefield Asset Management LLLP boosted its stake in iShares National Muni Bond ETF by 1.1% in the 1st quarter. Wakefield Asset Management LLLP now owns 9,017 shares of the exchange traded fund’s stock worth $951,000 after buying an additional 100 shares during the last quarter. Collaborative Wealth Managment Inc. grew its holdings in iShares National Muni Bond ETF by 2.5% in the 1st quarter. Collaborative Wealth Managment Inc. now owns 4,192 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 103 shares during the period. Kathleen S. Wright Associates Inc. increased its position in iShares National Muni Bond ETF by 5.2% during the first quarter. Kathleen S. Wright Associates Inc. now owns 2,211 shares of the exchange traded fund’s stock worth $233,000 after purchasing an additional 109 shares during the last quarter. Finally, Kagan Cocozza Asset Management raised its stake in iShares National Muni Bond ETF by 1.6% during the second quarter. Kagan Cocozza Asset Management now owns 6,862 shares of the exchange traded fund’s stock worth $717,000 after purchasing an additional 109 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $107.60 on Friday. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.60. The stock’s 50-day moving average is $105.98 and its 200-day moving average is $104.61.

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).