McNamara Financial Services Inc. Sells 50,564 Shares of iShares National Muni Bond ETF $MUB

McNamara Financial Services Inc. trimmed its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 29.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 123,713 shares of the exchange traded fund’s stock after selling 50,564 shares during the quarter. iShares National Muni Bond ETF makes up about 2.5% of McNamara Financial Services Inc.’s holdings, making the stock its 10th biggest position. McNamara Financial Services Inc.’s holdings in iShares National Muni Bond ETF were worth $13,251,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Bank of America Corp DE increased its holdings in shares of iShares National Muni Bond ETF by 9.9% in the 3rd quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock valued at $3,574,913,000 after acquiring an additional 3,026,165 shares during the period. Betterment LLC increased its holdings in shares of iShares National Muni Bond ETF by 1.0% in the 2nd quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock valued at $1,941,681,000 after acquiring an additional 175,531 shares during the period. Creative Planning increased its holdings in shares of iShares National Muni Bond ETF by 6.9% in the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after acquiring an additional 851,224 shares during the period. Fisher Asset Management LLC increased its holdings in shares of iShares National Muni Bond ETF by 9.1% in the 3rd quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock valued at $1,035,698,000 after acquiring an additional 810,838 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares National Muni Bond ETF by 9.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 8,102,619 shares of the exchange traded fund’s stock valued at $862,848,000 after acquiring an additional 710,666 shares during the period. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Up 0.2%

Shares of iShares National Muni Bond ETF stock opened at $106.76 on Thursday. The firm’s fifty day simple moving average is $107.40 and its 200-day simple moving average is $107.22. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $109.00.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.