Sofi Wealth LLC Sells 10,892 Shares of iShares National Muni Bond ETF $MUB

Sofi Wealth LLC reduced its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.7% in the 1st quarter, Holdings Channel reports. The firm owned 620,897 shares of the exchange traded fund’s stock after selling 10,892 shares during the period. iShares National Muni Bond ETF accounts for approximately 3.2% of Sofi Wealth LLC’s holdings, making the stock its 13th largest position. Sofi Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $65,908,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MUB. Bank of America Corp DE increased its position in iShares National Muni Bond ETF by 11.3% during the 4th quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock worth $4,000,539,000 after purchasing an additional 3,779,406 shares in the last quarter. Betterment LLC lifted its holdings in iShares National Muni Bond ETF by 9.5% in the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock valued at $2,034,042,000 after buying an additional 1,646,689 shares during the period. Creative Planning lifted its holdings in iShares National Muni Bond ETF by 6.9% in the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after buying an additional 851,224 shares during the period. LPL Financial LLC boosted its position in iShares National Muni Bond ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock valued at $1,188,847,000 after acquiring an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its position in iShares National Muni Bond ETF by 10.2% during the fourth quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock valued at $1,147,557,000 after acquiring an additional 988,044 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Trading Down 0.1%

Shares of MUB stock opened at $106.62 on Friday. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00. The stock has a 50 day simple moving average of $106.96 and a two-hundred day simple moving average of $107.22.

iShares National Muni Bond ETF Company 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.