Wealth Alliance LLC Sells 121,329 Shares of iShares National Muni Bond ETF $MUB

Wealth Alliance LLC reduced its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 81.4% in the first quarter, HoldingsChannel.com reports. The firm owned 27,698 shares of the exchange traded fund’s stock after selling 121,329 shares during the period. Wealth Alliance LLC’s holdings in iShares National Muni Bond ETF were worth $2,940,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of MUB. Hilltop Holdings Inc. increased its stake in shares of iShares National Muni Bond ETF by 16.8% during the first quarter. Hilltop Holdings Inc. now owns 9,304 shares of the exchange traded fund’s stock valued at $988,000 after buying an additional 1,337 shares during the period. GC Wealth Management RIA LLC bought a new stake in iShares National Muni Bond ETF in the first quarter valued at $1,533,000. Compound Planning Inc. boosted its holdings in iShares National Muni Bond ETF by 121.8% in the first quarter. Compound Planning Inc. now owns 133,357 shares of the exchange traded fund’s stock valued at $14,156,000 after acquiring an additional 73,240 shares in the last quarter. Modern Wealth Management LLC increased its position in iShares National Muni Bond ETF by 21.8% during the 1st quarter. Modern Wealth Management LLC now owns 28,300 shares of the exchange traded fund’s stock valued at $3,009,000 after purchasing an additional 5,057 shares during the period. Finally, Keebeck Wealth Management increased its position in iShares National Muni Bond ETF by 84.4% during the 1st quarter. Keebeck Wealth Management now owns 136,864 shares of the exchange traded fund’s stock valued at $14,528,000 after purchasing an additional 62,623 shares during the period. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $105.55 on Friday. The firm has a fifty day simple moving average of $106.87 and a two-hundred day simple moving average of $107.17. iShares National Muni Bond ETF has a 12 month low of $103.43 and a 12 month high of $109.00.

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). 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.