Exchange Capital Management Inc. Sells 1,015 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Exchange Capital Management Inc. cut its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,760 shares of the exchange traded fund’s stock after selling 1,015 shares during the quarter. Exchange Capital Management Inc.’s holdings in iShares National Muni Bond ETF were worth $1,040,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Able Wealth Management LLC raised its position in iShares National Muni Bond ETF by 3.1% during the 4th quarter. Able Wealth Management LLC now owns 3,124 shares of the exchange traded fund’s stock worth $333,000 after buying an additional 94 shares during the last quarter. Redwood Investment Management LLC increased its stake in shares of iShares National Muni Bond ETF by 0.6% in the 3rd quarter. Redwood Investment Management LLC now owns 17,193 shares of the exchange traded fund’s stock worth $1,908,000 after acquiring an additional 97 shares during the last quarter. Defined Wealth Management LLC increased its stake in iShares National Muni Bond ETF by 5.1% during the fourth quarter. Defined Wealth Management LLC now owns 1,992 shares of the exchange traded fund’s stock worth $212,000 after acquiring an additional 97 shares during the last quarter. Bogart Wealth LLC increased its holdings in iShares National Muni Bond ETF by 6.3% in the 4th quarter. Bogart Wealth LLC now owns 1,677 shares of the exchange traded fund’s stock valued at $179,000 after purchasing an additional 100 shares during the last quarter. Finally, Kanawha Capital Management LLC lifted its position in shares of iShares National Muni Bond ETF by 4.5% during the fourth quarter. Kanawha Capital Management LLC now owns 2,328 shares of the exchange traded fund’s stock worth $248,000 after purchasing an additional 101 shares in the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of iShares National Muni Bond ETF stock opened at $107.10 on Tuesday. The business has a 50-day simple moving average of $106.43 and a 200-day simple moving average of $107.35. iShares National Muni Bond ETF has a one year low of $105.00 and a one year high of $108.81.

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).