Trademark Financial Management LLC Reduces Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Trademark Financial Management LLC reduced its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,371 shares of the exchange traded fund’s stock after selling 165 shares during the quarter. Trademark Financial Management LLC’s holdings in iShares National Muni Bond ETF were worth $253,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MUB. International Assets Investment Management LLC acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at $999,000. Simplex Trading LLC increased its stake in iShares National Muni Bond ETF by 40.1% during the fourth quarter. Simplex Trading LLC now owns 3,897 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 1,116 shares during the last quarter. Cozad Asset Management Inc. raised its holdings in shares of iShares National Muni Bond ETF by 12.2% in the 4th quarter. Cozad Asset Management Inc. now owns 3,765 shares of the exchange traded fund’s stock worth $408,000 after purchasing an additional 410 shares during the period. Brighton Jones LLC acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at about $207,000. Finally, MONECO Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth about $204,000.

iShares National Muni Bond ETF Stock Down 0.2 %

MUB traded down $0.17 on Friday, reaching $107.67. 3,349,511 shares of the company’s stock were exchanged, compared to its average volume of 3,434,267. iShares National Muni Bond ETF has a twelve month low of $100.78 and a twelve month high of $108.82. The company’s 50 day moving average is $107.40 and its 200-day moving average is $107.12.

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).