iShares National Muni Bond ETF $MUB Shares Sold by FSM Wealth Advisors LLC

FSM Wealth Advisors LLC lowered its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 21.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 21,212 shares of the exchange traded fund’s stock after selling 5,659 shares during the period. FSM Wealth Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $2,259,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Hollencrest Capital Management acquired a new position in shares of iShares National Muni Bond ETF in the 2nd quarter valued at $26,000. Total Investment Management Inc. acquired a new stake in iShares National Muni Bond ETF during the 2nd quarter worth $33,000. HFM Investment Advisors LLC purchased a new position in iShares National Muni Bond ETF during the 1st quarter worth $37,000. Mattson Financial Services LLC acquired a new position in iShares National Muni Bond ETF in the first quarter valued at $41,000. Finally, Harbor Asset Planning Inc. acquired a new position in iShares National Muni Bond ETF in the second quarter valued at $43,000. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Down 0.1%

Shares of MUB opened at $106.89 on Friday. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $107.72. The firm has a 50-day simple moving average of $107.14 and a 200-day simple moving average of $105.66.

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.