Lutz Financial Services LLC Decreases Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Lutz Financial Services LLC lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.9% during the first quarter, Holdings Channel reports. The institutional investor owned 295,299 shares of the exchange traded fund’s stock after selling 22,053 shares during the period. iShares National Muni Bond ETF comprises about 2.5% of Lutz Financial Services LLC’s portfolio, making the stock its 11th biggest position. Lutz Financial Services LLC’s holdings in iShares National Muni Bond ETF were worth $31,136,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MUB. Integrity Financial Corp WA purchased a new stake in iShares National Muni Bond ETF during the fourth quarter worth about $25,000. American Capital Advisory LLC purchased a new stake in shares of iShares National Muni Bond ETF in the first quarter valued at about $26,000. National Bank of Canada FI lifted its holdings in shares of iShares National Muni Bond ETF by 346.7% in the fourth quarter. National Bank of Canada FI now owns 268 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 208 shares in the last quarter. Raleigh Capital Management Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 2,193.3% in the first quarter. Raleigh Capital Management Inc. now owns 344 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 329 shares in the last quarter. Finally, Ancora Advisors LLC lifted its holdings in shares of iShares National Muni Bond ETF by 63.6% in the fourth quarter. Ancora Advisors LLC now owns 360 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.0%

Shares of NYSEARCA MUB opened at $103.63 on Tuesday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.81. The firm’s 50-day moving average is $103.85 and its two-hundred day moving average is $104.87.

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).