HighTower Advisors LLC Has $169.78 Million Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

HighTower Advisors LLC cut its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,593,423 shares of the exchange traded fund’s stock after selling 83,990 shares during the period. HighTower Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $169,779,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Able Wealth Management LLC grew its holdings in shares of iShares National Muni Bond ETF by 3.1% during the fourth 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 in the last quarter. Redwood Investment Management LLC grew its stake in iShares National Muni Bond ETF by 0.6% in the third quarter. Redwood Investment Management LLC now owns 17,193 shares of the exchange traded fund’s stock valued at $1,908,000 after purchasing an additional 97 shares in the last quarter. Defined Wealth Management LLC grew its stake in iShares National Muni Bond ETF by 5.1% in the fourth quarter. Defined Wealth Management LLC now owns 1,992 shares of the exchange traded fund’s stock valued at $212,000 after purchasing an additional 97 shares in the last quarter. Bogart Wealth LLC grew its stake in iShares National Muni Bond ETF by 6.3% in the fourth 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 in the last quarter. Finally, Kanawha Capital Management LLC grew its stake in iShares National Muni Bond ETF by 4.5% in the fourth quarter. Kanawha Capital Management LLC now owns 2,328 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 101 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $106.19 on Wednesday. The business has a 50 day moving average price of $106.57 and a two-hundred day moving average price of $107.27. iShares National Muni Bond ETF has a twelve month low of $105.00 and a twelve month high of $108.81.

iShares National Muni Bond ETF Company 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).