Richardson Financial Services Inc. Trims Stake in iShares National Muni Bond ETF $MUB

Richardson Financial Services Inc. lowered its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 13.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,179 shares of the exchange traded fund’s stock after selling 191 shares during the quarter. Richardson Financial Services Inc.’s holdings in iShares National Muni Bond ETF were worth $123,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. American Capital Advisory LLC purchased a new position in iShares National Muni Bond ETF in the 1st quarter valued at about $26,000. Financial Network Wealth Advisors LLC lifted its holdings in iShares National Muni Bond ETF by 121.9% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 139 shares in the last quarter. Raleigh Capital Management Inc. lifted its holdings in iShares National Muni Bond ETF by 2,193.3% in the 1st quarter. Raleigh Capital Management Inc. now owns 344 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 329 shares in the last quarter. HFM Investment Advisors LLC purchased a new position in iShares National Muni Bond ETF in the 1st quarter valued at about $37,000. Finally, Integrity Financial Corp WA lifted its stake in shares of iShares National Muni Bond ETF by 55.7% during the first quarter. Integrity Financial Corp WA now owns 358 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 128 shares during the period. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $106.85 on Friday. The company’s 50 day simple moving average is $105.32 and its 200 day simple moving average is $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).