iShares National Muni Bond ETF $MUB Stake Cut by Choate Investment Advisors

Choate Investment Advisors reduced its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,165,513 shares of the exchange traded fund’s stock after selling 56,965 shares during the period. iShares National Muni Bond ETF accounts for about 2.4% of Choate Investment Advisors’ portfolio, making the stock its 8th biggest position. Choate Investment Advisors’ holdings in iShares National Muni Bond ETF were worth $124,838,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of MUB. Sandy Cove Advisors LLC grew its holdings in shares of iShares National Muni Bond ETF by 22.2% during the fourth quarter. Sandy Cove Advisors LLC now owns 3,689 shares of the exchange traded fund’s stock valued at $395,000 after buying an additional 670 shares during the last quarter. Westover Capital Advisors LLC grew its holdings in shares of iShares National Muni Bond ETF by 2.1% during the fourth quarter. Westover Capital Advisors LLC now owns 43,299 shares of the exchange traded fund’s stock valued at $4,638,000 after buying an additional 871 shares during the last quarter. Clearstead Advisors LLC grew its holdings in shares of iShares National Muni Bond ETF by 0.7% during the fourth quarter. Clearstead Advisors LLC now owns 121,369 shares of the exchange traded fund’s stock valued at $13,000,000 after buying an additional 828 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of 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 valued at $33,000 after buying an additional 192 shares during the last quarter. Finally, LifePlan Investment Advisors Inc. grew its holdings in shares of iShares National Muni Bond ETF by 6.7% during the fourth quarter. LifePlan Investment Advisors Inc. now owns 19,046 shares of the exchange traded fund’s stock valued at $2,040,000 after buying an additional 1,188 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $106.17 on Monday. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00. The company’s fifty day moving average price is $106.69 and its 200-day moving average price is $107.20.

iShares National Muni Bond ETF Company 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.