iShares National Muni Bond ETF $MUB Shares Sold by Alpha Financial Partners LLC

Alpha Financial Partners LLC trimmed its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.0% in the second quarter, Holdings Channel.com reports. The fund owned 55,234 shares of the exchange traded fund’s stock after selling 2,286 shares during the period. iShares National Muni Bond ETF makes up about 4.2% of Alpha Financial Partners LLC’s holdings, making the stock its 4th largest holding. Alpha Financial Partners LLC’s holdings in iShares National Muni Bond ETF were worth $5,771,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MUB. US Bancorp DE lifted its position in shares of iShares National Muni Bond ETF by 34.4% during the 2nd quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after acquiring an additional 1,877,664 shares during the period. Allstate Corp increased its stake in shares of iShares National Muni Bond ETF by 91.2% during the 1st quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock worth $318,214,000 after purchasing an additional 1,439,584 shares in the last quarter. Park Avenue Securities LLC purchased a new position in shares of iShares National Muni Bond ETF during the 2nd quarter worth approximately $116,279,000. Silver Oak Securities Incorporated purchased a new position in shares of iShares National Muni Bond ETF during the 1st quarter worth approximately $111,955,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of 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 worth $970,047,000 after purchasing an additional 802,170 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $106.85 on Friday. The firm has a 50 day simple moving average of $105.32 and a 200-day simple moving average of $104.42. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.60.

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).