FSM Wealth Advisors LLC Decreases Holdings in iShares National Muni Bond ETF $MUB

FSM Wealth Advisors LLC reduced its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 21.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,212 shares of the exchange traded fund’s stock after selling 5,659 shares during the quarter. FSM Wealth Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $2,259,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Fisher Asset Management LLC boosted its holdings in iShares National Muni Bond ETF by 43.0% in the second quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after purchasing an additional 2,679,139 shares in the last quarter. US Bancorp DE lifted its position in shares of iShares National Muni Bond ETF by 34.4% during the 2nd quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock worth $767,087,000 after buying an additional 1,877,664 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth approximately $116,279,000. Laurel Wealth Advisors LLC boosted its holdings in shares of iShares National Muni Bond ETF by 11,118.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,093,247 shares of the exchange traded fund’s stock valued at $114,222,000 after buying an additional 1,083,502 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of iShares National Muni Bond ETF by 4.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock valued at $2,126,917,000 after buying an additional 890,804 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.1%

Shares of NYSEARCA:MUB opened at $106.89 on Friday. The company’s fifty day moving average price is $107.14 and its 200 day moving average price is $105.66. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $107.72.

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.