Manning & Napier Advisors LLC Sells 7,742 Shares of iShares National Muni Bond ETF $MUB

Manning & Napier Advisors LLC lowered its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 492,741 shares of the exchange traded fund’s stock after selling 7,742 shares during the quarter. Manning & Napier Advisors LLC owned 0.12% of iShares National Muni Bond ETF worth $52,304,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MUB. Karpus Management Inc. bought a new stake in iShares National Muni Bond ETF in the 4th quarter valued at $25,000. Turning Point Benefit Group Inc. bought a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $26,000. MBM Wealth Consultants LLC bought a new position in iShares National Muni Bond ETF in the first quarter valued at approximately $26,000. Dunhill Financial LLC raised its position in iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 226 shares in the last quarter. Finally, Carolina Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF in the 4th quarter valued at about $28,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB traded up $0.07 during midday trading on Friday, hitting $107.01. 1,752,480 shares of the company’s stock were exchanged, compared to its average volume of 3,668,951. The company’s 50 day moving average price is $106.97 and its 200 day moving average price is $107.22. iShares National Muni Bond ETF has a 12 month low of $103.14 and a 12 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.