Sheets Smith Wealth Management Decreases Stock Position in iShares National Muni Bond ETF $MUB

Sheets Smith Wealth Management lowered its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,537 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Sheets Smith Wealth Management’s holdings in iShares National Muni Bond ETF were worth $892,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. MCF Advisors LLC lifted its stake in iShares National Muni Bond ETF by 75.0% in the 2nd quarter. MCF Advisors LLC now owns 23,701 shares of the exchange traded fund’s stock worth $2,476,000 after purchasing an additional 10,158 shares in the last quarter. Eaton Financial Holdings Company LLC lifted its stake in iShares National Muni Bond ETF by 48.9% in the 2nd quarter. Eaton Financial Holdings Company LLC now owns 3,044 shares of the exchange traded fund’s stock worth $318,000 after purchasing an additional 1,000 shares in the last quarter. Family Investment Center Inc. purchased a new stake in iShares National Muni Bond ETF in the 2nd quarter worth $334,000. Wealth Advisory Solutions LLC lifted its stake in iShares National Muni Bond ETF by 2.7% in the 2nd quarter. Wealth Advisory Solutions LLC now owns 82,480 shares of the exchange traded fund’s stock worth $8,618,000 after purchasing an additional 2,155 shares in the last quarter. Finally, MY Wealth Management Inc. purchased a new stake in iShares National Muni Bond ETF in the 2nd quarter worth $2,160,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.1%

Shares of MUB stock opened at $106.35 on Thursday. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.81. The company’s fifty day simple moving average is $104.64 and its two-hundred day simple moving average is $104.38.

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).