Addison Advisors LLC Has $430,000 Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Addison Advisors LLC cut its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,958 shares of the exchange traded fund’s stock after selling 232 shares during the quarter. Addison Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $430,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MUB. Envestnet Asset Management Inc. grew its stake in iShares National Muni Bond ETF by 8.9% during the second quarter. Envestnet Asset Management Inc. now owns 18,518,502 shares of the exchange traded fund’s stock worth $1,973,146,000 after purchasing an additional 1,512,868 shares during the period. Creative Planning grew its position in shares of iShares National Muni Bond ETF by 6.1% during the 3rd quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock worth $1,371,734,000 after buying an additional 723,492 shares during the period. LPL Financial LLC increased its stake in shares of iShares National Muni Bond ETF by 9.1% in the 2nd quarter. LPL Financial LLC now owns 6,997,325 shares of the exchange traded fund’s stock valued at $745,565,000 after acquiring an additional 582,636 shares in the last quarter. US Bancorp DE boosted its stake in iShares National Muni Bond ETF by 37.2% during the third quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock worth $744,716,000 after acquiring an additional 1,859,907 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in iShares National Muni Bond ETF by 16.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 6,085,414 shares of the exchange traded fund’s stock worth $647,263,000 after purchasing an additional 864,732 shares during the period.

iShares National Muni Bond ETF Stock Up 0.8 %

Shares of iShares National Muni Bond ETF stock opened at $107.45 on Monday. The business has a 50-day simple moving average of $107.83 and a 200 day simple moving average of $107.27. iShares National Muni Bond ETF has a one year low of $103.13 and a one year high of $108.82.

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).