Stephenson & Company Inc. Decreases Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Stephenson & Company Inc. lowered its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 24,787 shares of the exchange traded fund’s stock after selling 2,977 shares during the quarter. iShares National Muni Bond ETF comprises 2.0% of Stephenson & Company Inc.’s investment portfolio, making the stock its 12th biggest holding. Stephenson & Company Inc.’s holdings in iShares National Muni Bond ETF were worth $2,641,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MUB. Northwest Investment Counselors LLC purchased a new position in iShares National Muni Bond ETF in the first quarter valued at approximately $25,000. SYM FINANCIAL Corp purchased a new stake in shares of iShares National Muni Bond ETF during the 1st quarter worth approximately $28,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at $28,000. Slocum Gordon & Co LLP purchased a new position in shares of iShares National Muni Bond ETF in the 2nd quarter valued at $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares National Muni Bond ETF during the 2nd quarter worth $33,000.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $108.15 on Friday. The company has a fifty day moving average of $107.52 and a two-hundred day moving average of $107.12. iShares National Muni Bond ETF has a 1 year low of $100.78 and a 1 year high of $108.82.

iShares National Muni Bond ETF 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).