Davidson Investment Advisors Sells 6,131 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Davidson Investment Advisors reduced its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 79,107 shares of the exchange traded fund’s stock after selling 6,131 shares during the quarter. Davidson Investment Advisors’ holdings in iShares National Muni Bond ETF were worth $8,443,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in iShares National Muni Bond ETF by 11.3% in the second quarter. Envestnet Asset Management Inc. now owns 19,860,711 shares of the exchange traded fund’s stock worth $2,119,734,000 after purchasing an additional 2,019,517 shares during the period. Creative Planning boosted its position in shares of iShares National Muni Bond ETF by 11.1% during the second quarter. Creative Planning now owns 11,101,777 shares of the exchange traded fund’s stock valued at $1,184,893,000 after buying an additional 1,106,336 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its holdings in iShares National Muni Bond ETF by 132,338.1% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,393,745 shares of the exchange traded fund’s stock worth $1,096,748,000 after purchasing an additional 10,385,897 shares during the last quarter. Betterment LLC boosted its holdings in iShares National Muni Bond ETF by 0.8% in the first quarter. Betterment LLC now owns 9,750,254 shares of the exchange traded fund’s stock worth $1,050,492,000 after purchasing an additional 82,033 shares during the last quarter. Finally, US Bancorp DE boosted its stake in shares of iShares National Muni Bond ETF by 7.2% in the 2nd quarter. US Bancorp DE now owns 6,725,320 shares of the exchange traded fund’s stock worth $717,793,000 after buying an additional 452,149 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock traded up $0.43 on Monday, reaching $105.24. The stock had a trading volume of 2,834,611 shares, compared to its average volume of 3,481,236. iShares National Muni Bond ETF has a 1 year low of $100.78 and a 1 year high of $108.66. The company has a 50 day simple moving average of $102.85 and a 200 day simple moving average of $105.02.

iShares National Muni Bond ETF 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).