Eley Financial Management Inc Trims Stock Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Eley Financial Management Inc lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 25.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 8,220 shares of the exchange traded fund’s stock after selling 2,801 shares during the period. Eley Financial Management Inc’s holdings in iShares National Muni Bond ETF were worth $891,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MUB. TIAA Trust National Association acquired a new position in shares of iShares National Muni Bond ETF during the 3rd quarter worth approximately $1,271,354,000. Wealthfront Advisers LLC raised its position in shares of iShares National Muni Bond ETF by 719.6% during the 3rd quarter. Wealthfront Advisers LLC now owns 8,621,111 shares of the exchange traded fund’s stock valued at $884,009,000 after buying an additional 7,569,304 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at approximately $577,800,000. Charles Schwab Investment Advisory Inc. raised its position in shares of iShares National Muni Bond ETF by 79.6% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 9,555,324 shares of the exchange traded fund’s stock valued at $979,803,000 after buying an additional 4,234,737 shares during the period. Finally, Orgel Wealth Management LLC raised its position in shares of iShares National Muni Bond ETF by 1,262.2% during the 4th quarter. Orgel Wealth Management LLC now owns 3,827,435 shares of the exchange traded fund’s stock valued at $414,932,000 after buying an additional 3,546,457 shares during the period.

iShares National Muni Bond ETF Stock Up 0.1 %

Shares of MUB stock traded up $0.12 during trading on Friday, hitting $106.25. 1,192,909 shares of the stock traded hands, compared to its average volume of 3,655,062. The firm’s fifty day moving average price is $107.33 and its 200-day moving average price is $106.44. iShares National Muni Bond ETF has a 52-week low of $100.78 and a 52-week high of $108.82.

iShares National Muni Bond ETF Company 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).