Summit Asset Management LLC Trims Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Summit Asset Management LLC lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 20.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,180 shares of the exchange traded fund’s stock after selling 570 shares during the quarter. Summit Asset Management LLC’s holdings in iShares National Muni Bond ETF were worth $236,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MUB. Fisher Asset Management LLC increased its holdings in iShares National Muni Bond ETF by 4.9% in the fourth quarter. Fisher Asset Management LLC now owns 4,063,561 shares of the exchange traded fund’s stock valued at $440,531,000 after buying an additional 190,643 shares during the last quarter. Heritage Wealth Management LLC bought a new stake in shares of iShares National Muni Bond ETF in the 4th quarter valued at approximately $1,906,000. Wilbanks Smith & Thomas Asset Management LLC raised its position in shares of iShares National Muni Bond ETF by 610.6% during the 4th quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 99,634 shares of the exchange traded fund’s stock valued at $10,801,000 after acquiring an additional 85,613 shares in the last quarter. Rogco LP lifted its stake in iShares National Muni Bond ETF by 15.6% during the fourth quarter. Rogco LP now owns 7,642 shares of the exchange traded fund’s stock worth $828,000 after purchasing an additional 1,030 shares during the last quarter. Finally, FFT Wealth Management LLC boosted its holdings in iShares National Muni Bond ETF by 102.7% in the fourth quarter. FFT Wealth Management LLC now owns 4,126 shares of the exchange traded fund’s stock worth $447,000 after purchasing an additional 2,090 shares during the period.

iShares National Muni Bond ETF Stock Up 0.1 %

MUB stock traded up $0.13 during trading on Thursday, hitting $106.33. 1,735,950 shares of the company’s stock traded hands, compared to its average volume of 3,634,930. iShares National Muni Bond ETF has a 52 week low of $100.78 and a 52 week high of $108.82. The stock has a fifty day moving average price of $107.20 and a two-hundred day moving average price of $106.57.

iShares National Muni Bond ETF Company 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).