Facet Wealth Inc. Trims Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Facet Wealth Inc. lowered its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 43.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 875,802 shares of the exchange traded fund’s stock after selling 674,153 shares during the period. iShares National Muni Bond ETF accounts for 2.4% of Facet Wealth Inc.’s investment portfolio, making the stock its 12th largest holding. Facet Wealth Inc. owned 0.23% of iShares National Muni Bond ETF worth $91,083,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Gallagher Fiduciary Advisors LLC increased its position in iShares National Muni Bond ETF by 2.6% in the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 3,776 shares of the exchange traded fund’s stock valued at $402,000 after acquiring an additional 95 shares during the period. FAS Wealth Partners Inc. grew its stake in shares of iShares National Muni Bond ETF by 0.6% in the 4th quarter. FAS Wealth Partners Inc. now owns 16,641 shares of the exchange traded fund’s stock valued at $1,773,000 after purchasing an additional 97 shares during the last quarter. Wakefield Asset Management LLLP increased its holdings in shares of iShares National Muni Bond ETF by 1.1% in the first quarter. Wakefield Asset Management LLLP now owns 9,017 shares of the exchange traded fund’s stock valued at $951,000 after purchasing an additional 100 shares during the period. Kathleen S. Wright Associates Inc. increased its holdings in shares of iShares National Muni Bond ETF by 5.2% in the first quarter. Kathleen S. Wright Associates Inc. now owns 2,211 shares of the exchange traded fund’s stock valued at $233,000 after purchasing an additional 109 shares during the period. Finally, Insigneo Advisory Services LLC raised its stake in shares of iShares National Muni Bond ETF by 4.7% during the first quarter. Insigneo Advisory Services LLC now owns 2,460 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 110 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Up 0.1%

Shares of NYSEARCA MUB opened at $103.62 on Monday. The stock has a fifty day moving average price of $103.87 and a 200 day moving average price of $104.88. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.81.

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).