Founders Financial Alliance LLC Has $96,000 Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Founders Financial Alliance LLC cut its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 15.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 898 shares of the exchange traded fund’s stock after selling 167 shares during the quarter. Founders Financial Alliance LLC’s holdings in iShares National Muni Bond ETF were worth $96,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Peapack Gladstone Financial Corp increased its holdings in shares of iShares National Muni Bond ETF by 36.3% in the fourth quarter. Peapack Gladstone Financial Corp now owns 46,687 shares of the exchange traded fund’s stock worth $5,061,000 after acquiring an additional 12,442 shares in the last quarter. Trademark Financial Management LLC bought a new stake in iShares National Muni Bond ETF during the 4th quarter worth approximately $305,000. Exencial Wealth Advisors LLC bought a new stake in iShares National Muni Bond ETF during the 4th quarter worth approximately $3,904,000. Envestnet Asset Management Inc. raised its holdings in iShares National Muni Bond ETF by 7.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 16,290,564 shares of the exchange traded fund’s stock worth $1,766,060,000 after buying an additional 1,144,829 shares during the period. Finally, Morningstar Investment Services LLC lifted its stake in iShares National Muni Bond ETF by 134.3% in the fourth quarter. Morningstar Investment Services LLC now owns 320,602 shares of the exchange traded fund’s stock valued at $34,782,000 after buying an additional 183,772 shares in the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $108.70 on Wednesday. iShares National Muni Bond ETF has a 12-month low of $100.78 and a 12-month high of $108.82. The firm has a fifty day moving average of $108.01 and a 200-day moving average of $107.18.

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).