Fragasso Financial Advisors Inc Reduces Stock Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Fragasso Financial Advisors Inc reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.1% during the fourth quarter, Holdings Channel reports. The firm owned 130,922 shares of the exchange traded fund’s stock after selling 4,191 shares during the quarter. iShares National Muni Bond ETF makes up approximately 1.1% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 18th biggest position. Fragasso Financial Advisors Inc’s holdings in iShares National Muni Bond ETF were worth $13,950,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MUB. Wit LLC increased its stake in shares of iShares National Muni Bond ETF by 713.9% during the third quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 257 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in shares of iShares National Muni Bond ETF during the third quarter valued at $34,000. GHP Investment Advisors Inc. purchased a new position in shares of iShares National Muni Bond ETF in the 2nd quarter worth about $44,000. Cordant Inc. purchased a new position in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $56,000. Finally, Future Financial Wealth Managment LLC purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at about $66,000.

iShares National Muni Bond ETF Stock Down 0.2 %

iShares National Muni Bond ETF stock traded down $0.26 during trading hours on Monday, hitting $105.39. The stock had a trading volume of 3,123,442 shares, compared to its average volume of 3,940,788. The stock’s 50-day moving average price is $107.17 and its 200-day moving average price is $107.51. iShares National Muni Bond ETF has a 12-month low of $105.00 and a 12-month high of $108.81.

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).