Composition Wealth LLC Sells 23,302 Shares of iShares National Muni Bond ETF $MUB

Composition Wealth LLC lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 13.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 156,091 shares of the exchange traded fund’s stock after selling 23,302 shares during the period. Composition Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $16,719,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Turning Point Benefit Group Inc. purchased a new position in shares of iShares National Muni Bond ETF during the third quarter valued at about $26,000. Dunhill Financial LLC grew its holdings in shares of iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $28,000. Imprint Wealth LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $35,000. Finally, Inlight Wealth Management LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $37,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $106.81 on Friday. The company’s 50 day moving average is $107.15 and its 200 day moving average is $107.29. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month high of $109.00.

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). 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.