Passive Capital Management LLC. Sells 5,804 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Passive Capital Management LLC. cut its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,025 shares of the exchange traded fund’s stock after selling 5,804 shares during the quarter. iShares National Muni Bond ETF accounts for about 2.0% of Passive Capital Management LLC.’s investment portfolio, making the stock its 11th largest holding. Passive Capital Management LLC.’s holdings in iShares National Muni Bond ETF were worth $5,756,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Able Wealth Management LLC boosted its position in iShares National Muni Bond ETF by 3.1% in the fourth quarter. Able Wealth Management LLC now owns 3,124 shares of the exchange traded fund’s stock valued at $333,000 after buying an additional 94 shares during the last quarter. Redwood Investment Management LLC raised its position in iShares National Muni Bond ETF by 0.6% during the 3rd quarter. Redwood Investment Management LLC now owns 17,193 shares of the exchange traded fund’s stock worth $1,908,000 after buying an additional 97 shares during the last quarter. Defined Wealth Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 5.1% in the 4th quarter. Defined Wealth Management LLC now owns 1,992 shares of the exchange traded fund’s stock valued at $212,000 after acquiring an additional 97 shares during the last quarter. Bogart Wealth LLC increased its stake in shares of iShares National Muni Bond ETF by 6.3% in the fourth quarter. Bogart Wealth LLC now owns 1,677 shares of the exchange traded fund’s stock worth $179,000 after acquiring an additional 100 shares during the period. Finally, Kanawha Capital Management LLC increased its stake in shares of iShares National Muni Bond ETF by 4.5% in the fourth quarter. Kanawha Capital Management LLC now owns 2,328 shares of the exchange traded fund’s stock worth $248,000 after acquiring an additional 101 shares during the period.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $107.41 on Friday. The company has a fifty day moving average of $106.48 and a 200 day moving average of $107.34. iShares National Muni Bond ETF has a 1 year low of $105.00 and a 1 year high of $108.81.

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).