Axxcess Wealth Management LLC Trims Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Axxcess Wealth Management LLC reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 200,176 shares of the exchange traded fund’s stock after selling 1,456 shares during the quarter. Axxcess Wealth Management LLC owned 0.06% of iShares National Muni Bond ETF worth $21,329,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in iShares National Muni Bond ETF by 3.0% during the third quarter. JPMorgan Chase & Co. now owns 9,698,212 shares of the exchange traded fund’s stock worth $1,053,517,000 after buying an additional 286,468 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of iShares National Muni Bond ETF by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,397,818 shares of the exchange traded fund’s stock valued at $894,787,000 after buying an additional 140,255 shares during the period. LPL Financial LLC grew its stake in iShares National Muni Bond ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock worth $823,733,000 after purchasing an additional 585,598 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in iShares National Muni Bond ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,366,762 shares of the exchange traded fund’s stock worth $800,251,000 after purchasing an additional 66,958 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in shares of iShares National Muni Bond ETF by 8.9% during the 4th quarter. Fisher Asset Management LLC now owns 5,745,654 shares of the exchange traded fund’s stock worth $612,200,000 after acquiring an additional 470,739 shares in the last quarter.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $105.86 on Tuesday. The stock has a 50-day simple moving average of $106.51 and a 200-day simple moving average of $107.21. iShares National Muni Bond ETF has a fifty-two week low of $105.00 and a fifty-two week high of $108.81.

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).