SNS Financial Group LLC Sells 7,181 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

SNS Financial Group LLC decreased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 293,959 shares of the exchange traded fund’s stock after selling 7,181 shares during the period. iShares National Muni Bond ETF makes up 3.2% of SNS Financial Group LLC’s investment portfolio, making the stock its 11th largest holding. SNS Financial Group LLC owned approximately 0.09% of iShares National Muni Bond ETF worth $31,321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of MUB. New Millennium Group LLC raised its holdings in iShares National Muni Bond ETF by 103.5% in the fourth quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 148 shares in the last quarter. Wit LLC increased its stake in shares of iShares National Muni Bond ETF by 713.9% in the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 257 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $34,000. Roxbury Financial LLC purchased a new position in iShares National Muni Bond ETF during the 4th quarter valued at about $37,000. Finally, Contravisory Investment Management Inc. boosted its stake in iShares National Muni Bond ETF by 10,575.0% during the fourth quarter. Contravisory Investment Management Inc. now owns 427 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 423 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $106.71 on Thursday. The firm’s 50-day simple moving average is $106.45 and its two-hundred day simple moving average is $107.36. iShares National Muni Bond ETF has a fifty-two week low of $105.00 and a fifty-two week high of $108.81.

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).