iShares National Muni Bond ETF (NYSEARCA:MUB) Shares Sold by Alley Investment Management Company LLC

Alley Investment Management Company LLC lowered its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,654 shares of the exchange traded fund’s stock after selling 2,547 shares during the period. iShares National Muni Bond ETF comprises 1.7% of Alley Investment Management Company LLC’s holdings, making the stock its 26th biggest holding. Alley Investment Management Company LLC’s holdings in iShares National Muni Bond ETF were worth $13,671,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Instrumental Wealth LLC acquired a new position in iShares National Muni Bond ETF in the 1st quarter worth approximately $532,000. ArborFi Advisors LLC raised its stake in iShares National Muni Bond ETF by 39.3% during the 1st quarter. ArborFi Advisors LLC now owns 3,737 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 1,055 shares during the period. American Capital Advisory LLC purchased a new position in shares of iShares National Muni Bond ETF during the first quarter valued at $26,000. McGinn Penninger Investment Management Inc. purchased a new position in shares of iShares National Muni Bond ETF during the first quarter valued at $504,000. Finally, FSM Wealth Advisors LLC raised its position in iShares National Muni Bond ETF by 3.5% during the first quarter. FSM Wealth Advisors LLC now owns 73,554 shares of the exchange traded fund’s stock valued at $7,756,000 after buying an additional 2,464 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.1%

iShares National Muni Bond ETF stock traded down $0.09 during mid-day trading on Wednesday, hitting $104.21. The company’s stock had a trading volume of 819,205 shares, compared to its average volume of 4,581,734. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week high of $108.81. The firm’s 50 day moving average is $104.02 and its 200 day moving average is $105.21.

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).