Allworth Financial LP Has $38.90 Million Stock Holdings in iShares National Muni Bond ETF $MUB

Allworth Financial LP decreased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 17.1% during the 2nd quarter, Holdings Channel reports. The firm owned 361,425 shares of the exchange traded fund’s stock after selling 74,438 shares during the quarter. Allworth Financial LP’s holdings in iShares National Muni Bond ETF were worth $38,897,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MUB. Checchi Capital Advisers LLC increased its holdings in shares of iShares National Muni Bond ETF by 21.5% during the first quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock worth $5,013,000 after buying an additional 8,356 shares in the last quarter. Aegis Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter worth approximately $552,000. PNC Financial Services Group Inc. boosted its holdings in shares of iShares National Muni Bond ETF by 1.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,336,158 shares of the exchange traded fund’s stock worth $785,776,000 after acquiring an additional 78,489 shares in the last quarter. Triad Wealth Partners LLC grew its position in iShares National Muni Bond ETF by 44.0% during the 1st quarter. Triad Wealth Partners LLC now owns 100,580 shares of the exchange traded fund’s stock worth $10,677,000 after acquiring an additional 30,724 shares during the last quarter. Finally, Peak Wealth Management LLC bought a new stake in iShares National Muni Bond ETF during the 4th quarter worth approximately $1,449,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.0%

MUB stock traded down $0.01 during midday trading on Tuesday, reaching $104.02. 7,895,545 shares of the company’s stock traded hands, compared to its average volume of 3,923,121. The company has a 50-day simple moving average of $105.93 and a two-hundred day simple moving average of $106.66. iShares National Muni Bond ETF has a 1-year low of $103.89 and a 1-year high of $109.00.

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). 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.