Hunter Associates Investment Management LLC Sells 1,200 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Hunter Associates Investment Management LLC reduced its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,000 shares of the exchange traded fund’s stock after selling 1,200 shares during the period. Hunter Associates Investment Management LLC’s holdings in iShares National Muni Bond ETF were worth $1,084,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MUB. TIAA Trust National Association purchased a new stake in iShares National Muni Bond ETF in the 3rd quarter worth about $1,271,354,000. Moneta Group Investment Advisors LLC increased its position in shares of iShares National Muni Bond ETF by 132,338.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,393,745 shares of the exchange traded fund’s stock worth $1,096,748,000 after acquiring an additional 10,385,897 shares during the period. Wealthfront Advisers LLC increased its position in shares of iShares National Muni Bond ETF by 719.6% during the third quarter. Wealthfront Advisers LLC now owns 8,621,111 shares of the exchange traded fund’s stock worth $884,009,000 after acquiring an additional 7,569,304 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares National Muni Bond ETF during the third quarter worth approximately $577,800,000. Finally, Charles Schwab Investment Advisory Inc. increased its position in shares of iShares National Muni Bond ETF by 79.6% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 9,555,324 shares of the exchange traded fund’s stock worth $979,803,000 after acquiring an additional 4,234,737 shares during the period.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB traded up $0.08 during trading on Friday, reaching $106.47. 1,696,826 shares of the company were exchanged, compared to its average volume of 3,695,540. The business’s fifty day simple moving average is $107.44 and its 200-day simple moving average is $106.31. iShares National Muni Bond ETF has a 12-month low of $100.78 and a 12-month high of $108.82.

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).