Burt Wealth Advisors Reduces Stock Position in iShares National Muni Bond ETF $MUB

Burt Wealth Advisors reduced its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 40.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,579 shares of the exchange traded fund’s stock after selling 27,368 shares during the quarter. iShares National Muni Bond ETF comprises 1.0% of Burt Wealth Advisors’ investment portfolio, making the stock its 20th biggest position. Burt Wealth Advisors’ holdings in iShares National Muni Bond ETF were worth $4,240,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of MUB. Brighton Jones LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at approximately $325,000. Revolve Wealth Partners LLC lifted its stake in shares of iShares National Muni Bond ETF by 10.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after buying an additional 11,989 shares in the last quarter. Northern Trust Corp lifted its stake in shares of iShares National Muni Bond ETF by 9.6% during the 4th quarter. Northern Trust Corp now owns 59,485 shares of the exchange traded fund’s stock valued at $6,338,000 after buying an additional 5,233 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at approximately $516,000. Finally, Nuveen Asset Management LLC lifted its stake in shares of iShares National Muni Bond ETF by 1,102.7% during the 4th quarter. Nuveen Asset Management LLC now owns 311,763 shares of the exchange traded fund’s stock valued at $33,228,000 after buying an additional 285,841 shares in the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Up 0.0%

iShares National Muni Bond ETF stock opened at $106.68 on Wednesday. The firm’s 50 day simple moving average is $104.33 and its 200 day simple moving average is $104.37. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.81.

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).