Joseph Group Capital Management Trims Stock Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Joseph Group Capital Management decreased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,190 shares of the exchange traded fund’s stock after selling 1,228 shares during the period. iShares National Muni Bond ETF accounts for about 1.6% of Joseph Group Capital Management’s investment portfolio, making the stock its 13th biggest position. Joseph Group Capital Management’s holdings in iShares National Muni Bond ETF were worth $4,257,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. US Bancorp DE increased its stake in shares of iShares National Muni Bond ETF by 37.2% during the third quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock valued at $744,716,000 after buying an additional 1,859,907 shares during the period. Envestnet Asset Management Inc. increased its position in iShares National Muni Bond ETF by 8.9% during 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. Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares National Muni Bond ETF by 16.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,085,414 shares of the exchange traded fund’s stock valued at $647,263,000 after purchasing an additional 864,732 shares in the last quarter. TIAA Trust National Association lifted its position in shares of iShares National Muni Bond ETF by 19.6% in the 2nd quarter. TIAA Trust National Association now owns 5,104,102 shares of the exchange traded fund’s stock worth $543,844,000 after purchasing an additional 834,982 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of iShares National Muni Bond ETF by 125.7% during the first quarter. Cetera Investment Advisers now owns 1,494,691 shares of the exchange traded fund’s stock valued at $160,829,000 after purchasing an additional 832,342 shares in the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $107.49 on Tuesday. iShares National Muni Bond ETF has a 52-week low of $104.80 and a 52-week high of $108.82. The company’s 50 day moving average is $107.76 and its 200 day moving average is $107.31.

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).