iShares National Muni Bond ETF $MUB Shares Sold by Smithfield Trust Co

Smithfield Trust Co decreased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 14.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 53,184 shares of the exchange traded fund’s stock after selling 8,663 shares during the quarter. Smithfield Trust Co’s holdings in iShares National Muni Bond ETF were worth $5,552,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Austin Wealth Management LLC acquired a new stake in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $4,316,000. Bailard Inc. increased its holdings in shares of iShares National Muni Bond ETF by 17.6% in the 2nd quarter. Bailard Inc. now owns 63,978 shares of the exchange traded fund’s stock valued at $6,684,000 after acquiring an additional 9,591 shares during the period. PNC Financial Services Group Inc. raised its position in iShares National Muni Bond ETF by 5.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,528,127 shares of the exchange traded fund’s stock valued at $786,539,000 after purchasing an additional 369,771 shares during the last quarter. Wealth Alliance LLC boosted its stake in iShares National Muni Bond ETF by 35.0% during the 2nd quarter. Wealth Alliance LLC now owns 27,575 shares of the exchange traded fund’s stock worth $2,881,000 after purchasing an additional 7,146 shares during the period. Finally, Advyzon Investment Management LLC boosted its stake in iShares National Muni Bond ETF by 144.7% during the 2nd quarter. Advyzon Investment Management LLC now owns 35,077 shares of the exchange traded fund’s stock worth $3,665,000 after purchasing an additional 20,743 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $107.37 on Thursday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $108.60. The firm’s fifty day moving average is $106.78 and its two-hundred day moving average is $104.98.

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).