Private Wealth Management Group LLC Lowers Holdings in iShares National Muni Bond ETF $MUB

by · The Cerbat Gem

Private Wealth Management Group LLC reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 7.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,497 shares of the exchange traded fund’s stock after selling 5,463 shares during the quarter. iShares National Muni Bond ETF comprises approximately 2.1% of Private Wealth Management Group LLC’s holdings, making the stock its 17th largest position. Private Wealth Management Group LLC’s holdings in iShares National Muni Bond ETF were worth $7,614,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Hollencrest Capital Management bought a new position in shares of iShares National Muni Bond ETF during the 2nd quarter valued at about $26,000. Total Investment Management Inc. bought a new position in iShares National Muni Bond ETF in the 2nd quarter worth about $33,000. HFM Investment Advisors LLC bought a new stake in iShares National Muni Bond ETF during the 1st quarter valued at $37,000. Mattson Financial Services LLC purchased a new stake in iShares National Muni Bond ETF in the first quarter worth about $41,000. Finally, Harbor Asset Planning Inc. purchased a new position in iShares National Muni Bond ETF during the second quarter valued at approximately $43,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.1%

Shares of MUB stock opened at $106.89 on Monday. The stock’s 50-day moving average is $107.14 and its 200 day moving average is $105.67. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $107.72.

iShares National Muni Bond ETF Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report).