RAM Investment Partners LLC Lowers Stock Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

RAM Investment Partners LLC cut its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,953 shares of the exchange traded fund’s stock after selling 97 shares during the quarter. RAM Investment Partners LLC’s holdings in iShares National Muni Bond ETF were worth $647,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in iShares National Muni Bond ETF by 8.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 18,518,502 shares of the exchange traded fund’s stock valued at $1,973,146,000 after purchasing an additional 1,512,868 shares during the period. Creative Planning grew its position in iShares National Muni Bond ETF by 6.1% during the third quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock valued at $1,371,734,000 after buying an additional 723,492 shares during the period. US Bancorp DE increased its holdings in iShares National Muni Bond ETF by 2.6% during the first quarter. US Bancorp DE now owns 7,264,339 shares of the exchange traded fund’s stock worth $781,644,000 after buying an additional 186,369 shares during the last quarter. LPL Financial LLC raised its position in iShares National Muni Bond ETF by 9.1% in the second quarter. LPL Financial LLC now owns 6,997,325 shares of the exchange traded fund’s stock worth $745,565,000 after acquiring an additional 582,636 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in iShares National Muni Bond ETF by 16.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 6,085,414 shares of the exchange traded fund’s stock worth $647,263,000 after acquiring an additional 864,732 shares during the period.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $106.64 on Thursday. The firm has a 50 day moving average price of $108.06 and a 200-day moving average price of $107.23. iShares National Muni Bond ETF has a twelve month low of $100.78 and a twelve month high of $108.82.

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).