NewSquare Capital LLC Sells 718 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

NewSquare Capital LLC decreased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 51,319 shares of the exchange traded fund’s stock after selling 718 shares during the quarter. NewSquare Capital LLC’s holdings in iShares National Muni Bond ETF were worth $5,563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MUB. Ruedi Wealth Management Inc. boosted its position in shares of iShares National Muni Bond ETF by 66.4% during the fourth quarter. Ruedi Wealth Management Inc. now owns 253 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 101 shares during the last quarter. CNB Bank bought a new position in shares of iShares National Muni Bond ETF during the third quarter worth $31,000. TFC Financial Management Inc. bought a new position in shares of iShares National Muni Bond ETF during the third quarter worth $37,000. Oakworth Capital Inc. bought a new position in shares of iShares National Muni Bond ETF during the third quarter worth $46,000. Finally, Capital Management Associates Inc bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth $47,000.

iShares National Muni Bond ETF Price Performance

MUB stock traded down $0.05 during trading on Tuesday, hitting $106.52. 2,909,511 shares of the company’s stock traded hands, compared to its average volume of 3,710,497. iShares National Muni Bond ETF has a 52 week low of $100.78 and a 52 week high of $108.82. The business has a fifty day simple moving average of $107.41 and a 200 day simple moving average of $106.40.

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).