Bailard Inc. Trims Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Bailard Inc. decreased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 63.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 90,215 shares of the exchange traded fund’s stock after selling 153,960 shares during the quarter. Bailard Inc.’s holdings in iShares National Muni Bond ETF were worth $9,612,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Advantage Trust Co purchased a new position in iShares National Muni Bond ETF during the fourth quarter worth approximately $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares National Muni Bond ETF in the fourth quarter valued at $26,000. New Millennium Group LLC raised its position in iShares National Muni Bond ETF by 103.5% in the fourth quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 148 shares during the period. Wit LLC raised its position in iShares National Muni Bond ETF by 713.9% in the third quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 257 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new stake in iShares National Muni Bond ETF in the third quarter valued at $34,000.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $107.68 on Friday. iShares National Muni Bond ETF has a 52 week low of $105.00 and a 52 week high of $108.81. The stock’s fifty day moving average is $106.51 and its two-hundred day moving average is $107.34.

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).