Exchange Capital Management Inc. Sells 1,015 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Exchange Capital Management Inc. lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,760 shares of the exchange traded fund’s stock after selling 1,015 shares during the quarter. Exchange Capital Management Inc.’s holdings in iShares National Muni Bond ETF were worth $1,040,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MUB. JPMorgan Chase & Co. lifted its holdings in iShares National Muni Bond ETF by 3.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,698,212 shares of the exchange traded fund’s stock worth $1,053,517,000 after buying an additional 286,468 shares during the period. LPL Financial LLC raised its stake in iShares National Muni Bond ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock valued at $823,733,000 after buying an additional 585,598 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares National Muni Bond ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 7,366,762 shares of the exchange traded fund’s stock worth $800,251,000 after acquiring an additional 66,958 shares in the last quarter. US Bancorp DE raised its position in shares of iShares National Muni Bond ETF by 37.2% in the 3rd quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock worth $744,716,000 after purchasing an additional 1,859,907 shares during the last quarter. Finally, Fisher Asset Management LLC increased its holdings in shares of iShares National Muni Bond ETF by 11.5% in the 3rd quarter. Fisher Asset Management LLC now owns 5,274,915 shares of the exchange traded fund’s stock worth $573,014,000 after purchasing an additional 542,698 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $107.10 on Tuesday. iShares National Muni Bond ETF has a twelve month low of $105.00 and a twelve month high of $108.81. The company’s 50 day moving average is $106.43 and its 200 day moving average is $107.35.

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).