iShares National Muni Bond ETF $MUB Stock: Forum Financial Management LP Cuts Holdings

Forum Financial Management LP cut its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 28.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,935 shares of the exchange traded fund’s stock after selling 7,126 shares during the quarter. Forum Financial Management LP’s holdings in iShares National Muni Bond ETF were worth $1,813,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MUB. IMG Wealth Management Inc. increased its stake in iShares National Muni Bond ETF by 79.9% in the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 107 shares in the last quarter. MBM Wealth Consultants LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 1st quarter valued at about $26,000. Asset Dedication LLC raised its position in iShares National Muni Bond ETF by 9,833.3% in the 1st quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 295 shares during the last quarter. Security National Bank of SO Dak bought a new stake in shares of iShares National Muni Bond ETF in the second quarter worth $37,000. Finally, First Bancorp Inc ME acquired a new position in shares of iShares National Muni Bond ETF during the 2nd quarter worth about $38,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $102.35 on Friday. iShares National Muni Bond ETF has a twelve month low of $100.07 and a twelve month high of $109.00. The business has a 50 day moving average price of $103.34 and a two-hundred day moving average price of $105.56.

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). 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.