Composition Wealth LLC Decreases Position in iShares National Muni Bond ETF $MUB

Composition Wealth LLC trimmed its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 13.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,091 shares of the exchange traded fund’s stock after selling 23,302 shares during the period. Composition Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $16,719,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of MUB. Wellington Management Group LLP purchased a new position in shares of iShares National Muni Bond ETF during the 3rd quarter valued at $387,198,000. Bank of America Corp DE lifted its holdings in shares of iShares National Muni Bond ETF by 9.9% during the 3rd quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after acquiring an additional 3,026,165 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in iShares National Muni Bond ETF by 20.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after buying an additional 1,261,391 shares during the last quarter. Creative Planning lifted its position in 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 worth $1,404,732,000 after buying an additional 851,224 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in iShares National Muni Bond ETF by 9.1% in the third quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock worth $1,035,698,000 after purchasing an additional 810,838 shares during the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $106.81 on Friday. The firm has a fifty day simple moving average of $107.15 and a two-hundred day simple moving average of $107.29. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month 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.