Truepoint Inc. Cuts Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Truepoint Inc. reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 52.2% during the second quarter, Holdings Channel reports. The institutional investor owned 5,970 shares of the exchange traded fund’s stock after selling 6,531 shares during the quarter. Truepoint Inc.’s holdings in iShares National Muni Bond ETF were worth $636,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of MUB. Envestnet Asset Management Inc. increased its stake in iShares National Muni Bond ETF by 7.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 16,290,564 shares of the exchange traded fund’s stock worth $1,766,060,000 after purchasing an additional 1,144,829 shares during the period. Wells Fargo & Company MN increased its stake in shares of iShares National Muni Bond ETF by 6.9% in the fourth quarter. Wells Fargo & Company MN now owns 7,978,397 shares of the exchange traded fund’s stock worth $864,938,000 after buying an additional 517,538 shares during the period. US Bancorp DE raised its holdings in iShares National Muni Bond ETF by 2.6% during the 1st quarter. US Bancorp DE now owns 7,264,339 shares of the exchange traded fund’s stock valued at $781,644,000 after buying an additional 186,369 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in iShares National Muni Bond ETF by 4.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,911,962 shares of the exchange traded fund’s stock valued at $640,916,000 after buying an additional 277,085 shares during the period. Finally, TIAA Trust National Association grew its holdings in 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 acquiring an additional 834,982 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $108.23 on Friday. The firm’s 50-day moving average price is $107.49 and its two-hundred day moving average price is $107.12. iShares National Muni Bond ETF has a 12-month low of $100.78 and a 12-month high of $108.82.

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).