McAdam LLC Sells 22,710 Shares of iShares National Muni Bond ETF $MUB

McAdam LLC decreased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 34.5% during the first quarter, Holdings Channel reports. The fund owned 43,115 shares of the exchange traded fund’s stock after selling 22,710 shares during the period. McAdam LLC’s holdings in iShares National Muni Bond ETF were worth $4,546,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Betterment LLC lifted its holdings in iShares National Muni Bond ETF by 0.8% in the first quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock valued at $1,941,014,000 after acquiring an additional 150,443 shares during the period. GAMMA Investing LLC lifted its position in shares of iShares National Muni Bond ETF by 11,651.4% during the 1st quarter. GAMMA Investing LLC now owns 13,444,444 shares of the exchange traded fund’s stock valued at $1,417,582,000 after buying an additional 13,330,037 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares National Muni Bond ETF by 3.1% in the first quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock worth $1,047,666,000 after purchasing an additional 299,520 shares during the period. Charles Schwab Investment Management Inc. raised its stake in iShares National Muni Bond ETF by 9.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock valued at $970,047,000 after purchasing an additional 802,170 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares National Muni Bond ETF by 7.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock valued at $800,088,000 after purchasing an additional 550,570 shares during the period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $105.87 on Wednesday. The business’s 50 day moving average is $104.11 and its 200 day moving average is $104.41. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.81.

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).