Factor Wealth Management LTD Sells 7,325 Shares of iShares National Muni Bond ETF $MUB

Factor Wealth Management LTD reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 66.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,774 shares of the exchange traded fund’s stock after selling 7,325 shares during the quarter. Factor Wealth Management LTD’s holdings in iShares National Muni Bond ETF were worth $406,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Checchi Capital Advisers LLC raised its stake in iShares National Muni Bond ETF by 21.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock worth $5,013,000 after buying an additional 8,356 shares during the period. Aegis Wealth Management Inc. acquired a new position in iShares National Muni Bond ETF in the fourth quarter valued at about $552,000. Slow Capital Inc. grew its stake in iShares National Muni Bond ETF by 9.7% in the fourth quarter. Slow Capital Inc. now owns 202,919 shares of the exchange traded fund’s stock valued at $21,735,000 after acquiring an additional 17,960 shares during the period. Hudson Oak Wealth Advisory LLC bought a new stake in shares of iShares National Muni Bond ETF in the fourth quarter worth about $1,688,000. Finally, Networth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF in the fourth quarter worth about $503,000. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Down 0.2%

NYSEARCA MUB opened at $105.66 on Friday. The stock’s 50-day moving average is $106.77 and its 200-day moving average is $107.05. iShares National Muni Bond ETF has a one year low of $103.83 and a one year high of $109.00.

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). 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.