Flputnam Investment Management Co. Reduces Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Flputnam Investment Management Co. reduced its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 28.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 113,533 shares of the exchange traded fund’s stock after selling 45,977 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares National Muni Bond ETF were worth $12,097,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advantage Trust Co acquired a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at about $26,000. New Millennium Group LLC increased its stake in iShares National Muni Bond ETF by 103.5% during the 4th quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 148 shares in the last quarter. Wit LLC raised its holdings in shares of iShares National Muni Bond ETF by 713.9% in the third quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 257 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth $34,000. Finally, Roxbury Financial LLC acquired a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth $37,000.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $107.68 on Friday. The stock’s fifty day moving average price is $106.51 and its 200 day moving average price is $107.34. iShares National Muni Bond ETF has a 1 year low of $105.00 and a 1 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).