Phillips Financial Management LLC Sells 1,072 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Phillips Financial Management LLC decreased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,385 shares of the exchange traded fund’s stock after selling 1,072 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares National Muni Bond ETF were worth $6,451,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MUB. Breakwater Investment Management raised its position in iShares National Muni Bond ETF by 1,377.4% during the 2nd quarter. Breakwater Investment Management now owns 4,373 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 4,077 shares during the last quarter. Foster & Motley Inc. raised its holdings in shares of iShares National Muni Bond ETF by 6.0% during the second quarter. Foster & Motley Inc. now owns 66,009 shares of the exchange traded fund’s stock valued at $7,033,000 after acquiring an additional 3,729 shares in the last quarter. Creative Planning lifted its stake in iShares National Muni Bond ETF by 6.1% in the third quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock worth $1,371,734,000 after acquiring an additional 723,492 shares during the period. HB Wealth Management LLC boosted its holdings in iShares National Muni Bond ETF by 57.9% in the second quarter. HB Wealth Management LLC now owns 3,347 shares of the exchange traded fund’s stock valued at $357,000 after acquiring an additional 1,227 shares in the last quarter. Finally, LJI Wealth Management LLC boosted its holdings in iShares National Muni Bond ETF by 7.1% in the second quarter. LJI Wealth Management LLC now owns 11,743 shares of the exchange traded fund’s stock valued at $1,251,000 after acquiring an additional 775 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $107.43 on Monday. The firm has a fifty day simple moving average of $107.76 and a two-hundred day simple moving average of $107.30. iShares National Muni Bond ETF has a 12 month low of $104.64 and a 12 month high of $108.82.

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).