SNS Financial Group LLC Cuts Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

SNS Financial Group LLC cut its position in iShares National Muni Bond ETF (NYSEARCA:MUBFree Report) by 2.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 293,959 shares of the exchange traded fund’s stock after selling 7,181 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 3.2% of SNS Financial Group LLC’s investment portfolio, making the stock its 11th biggest holding. SNS Financial Group LLC’s holdings in iShares National Muni Bond ETF were worth $31,321,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MUB. New Millennium Group LLC increased its position in shares of iShares National Muni Bond ETF by 103.5% during the fourth quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 148 shares in the last quarter. Wit LLC increased its holdings in shares of iShares National Muni Bond ETF by 713.9% in the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 257 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth $34,000. Roxbury Financial LLC purchased a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth $37,000. Finally, Contravisory Investment Management Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 10,575.0% during the fourth quarter. Contravisory Investment Management Inc. now owns 427 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 423 shares in the last quarter.

iShares National Muni Bond ETF Trading Up 0.2 %

NYSEARCA MUB opened at $106.71 on Thursday. iShares National Muni Bond ETF has a one year low of $105.00 and a one year high of $108.81. The stock has a 50-day moving average of $106.45 and a 200 day moving average of $107.36.

iShares National Muni Bond ETF Profile

(Free Report)

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).

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Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUBFree Report).

Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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