Narus Financial Partners LLC Lowers Holdings in iShares National Muni Bond ETF $MUB

Narus Financial Partners LLC trimmed its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 59.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,430 shares of the exchange traded fund’s stock after selling 13,887 shares during the quarter. Narus Financial Partners LLC’s holdings in iShares National Muni Bond ETF were worth $1,004,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in MUB. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $26,000. Hollencrest Capital Management bought a new position in shares of iShares National Muni Bond ETF during the second quarter worth $26,000. Total Investment Management Inc. purchased a new position in iShares National Muni Bond ETF during the second quarter valued at $33,000. Imprint Wealth LLC purchased a new position in iShares National Muni Bond ETF during the third quarter valued at $35,000. Finally, Inlight Wealth Management LLC bought a new stake in iShares National Muni Bond ETF in the 3rd quarter valued at $37,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Down 0.2%

Shares of MUB stock opened at $106.97 on Thursday. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $109.00. The company’s fifty day simple moving average is $107.82 and its two-hundred day simple moving average is $107.17.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.