313,320 iShares National Muni Bond ETF $MUB Shares Sold by Cumberland Advisors Inc.

Cumberland Advisors Inc. cut its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 98.9% during the third quarter, HoldingsChannel.com reports. The fund owned 3,460 shares of the exchange traded fund’s stock after selling 313,320 shares during the period. Cumberland Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $350,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in iShares National Muni Bond ETF by 12.8% in the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after acquiring an additional 4,763,839 shares during the last quarter. Park Avenue Securities LLC purchased a new position in iShares National Muni Bond ETF in the 3rd quarter worth approximately $153,414,000. Signaturefd LLC purchased a new position in iShares National Muni Bond ETF in the 3rd quarter worth approximately $92,707,000. Envestnet Asset Management Inc. boosted its holdings in shares of iShares National Muni Bond ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after purchasing an additional 880,501 shares during the last quarter. Finally, Wedmont Private Capital boosted its holdings in shares of iShares National Muni Bond ETF by 158.7% during the 3rd quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock worth $124,451,000 after purchasing an additional 757,882 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $103.90 on Wednesday. The business has a 50 day simple moving average of $102.82 and a 200-day simple moving average of $105.92. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year 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.