iShares National Muni Bond ETF $MUB Shares Sold by Diversified Portfolios Inc.

Diversified Portfolios Inc. decreased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 124,634 shares of the exchange traded fund’s stock after selling 8,236 shares during the quarter. iShares National Muni Bond ETF comprises 1.1% of Diversified Portfolios Inc.’s portfolio, making the stock its 25th largest position. Diversified Portfolios Inc.’s holdings in iShares National Muni Bond ETF were worth $13,350,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Turning Point Benefit Group Inc. acquired a new position in iShares National Muni Bond ETF during the third quarter worth approximately $26,000. Dunhill Financial LLC increased its position in iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in iShares National Muni Bond ETF during the fourth quarter worth approximately $28,000. Hantz Financial Services Inc. increased its position in iShares National Muni Bond ETF by 164.1% during the fourth quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 192 shares during the last quarter. Finally, Imprint Wealth LLC acquired a new position in iShares National Muni Bond ETF during the third quarter worth approximately $35,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB opened at $106.17 on Tuesday. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00. The company has a 50 day moving average of $106.67 and a two-hundred day moving average of $107.19.

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). 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.