797,680 iShares National Muni Bond ETF $MUB Shares Sold by Wealth Management Resources Inc.

Wealth Management Resources Inc. reduced its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 95.2% during the third quarter, HoldingsChannel.com reports. The fund owned 40,028 shares of the exchange traded fund’s stock after selling 797,680 shares during the quarter. iShares National Muni Bond ETF makes up approximately 1.3% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 18th largest position. Wealth Management Resources Inc.’s holdings in iShares National Muni Bond ETF were worth $4,047,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Checchi Capital Advisers LLC increased its position in shares of iShares National Muni Bond ETF by 21.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after purchasing an additional 8,356 shares during the last quarter. Sterling Investment Advisors Ltd. raised its stake in shares of iShares National Muni Bond ETF by 23.3% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock worth $6,714,000 after purchasing an additional 11,800 shares during the period. CX Institutional raised its stake in shares of iShares National Muni Bond ETF by 6.9% during the 3rd quarter. CX Institutional now owns 253,468 shares of the exchange traded fund’s stock worth $25,626,000 after purchasing an additional 16,427 shares during the period. First Heartland Consultants Inc. bought a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth $2,296,000. Finally, Vicus Capital boosted its holdings in shares of iShares National Muni Bond ETF by 4.1% in the 1st quarter. Vicus Capital now owns 183,680 shares of the exchange traded fund’s stock worth $19,498,000 after buying an additional 7,189 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $102.35 on Wednesday. The company’s 50-day moving average is $103.19 and its 200 day moving average is $105.50. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two week 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.