Traphagen Investment Advisors LLC Cuts Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Traphagen Investment Advisors LLC trimmed its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,109 shares of the exchange traded fund’s stock after selling 4,534 shares during the quarter. iShares National Muni Bond ETF accounts for about 0.5% of Traphagen Investment Advisors LLC’s holdings, making the stock its 27th largest position. Traphagen Investment Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $4,466,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. raised its position in iShares National Muni Bond ETF by 8.9% in the second quarter. Envestnet Asset Management Inc. now owns 18,518,502 shares of the exchange traded fund’s stock worth $1,973,146,000 after acquiring an additional 1,512,868 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of iShares National Muni Bond ETF by 16.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,085,414 shares of the exchange traded fund’s stock worth $647,263,000 after purchasing an additional 864,732 shares during the last quarter. TIAA Trust National Association raised its holdings 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. Cetera Investment Advisers lifted its stake in iShares National Muni Bond ETF by 125.7% in 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 during the last quarter. Finally, Creative Planning grew its holdings in iShares National Muni Bond ETF by 6.1% during the third quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock valued at $1,371,734,000 after purchasing an additional 723,492 shares during the period.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB traded down $0.21 during trading hours on Tuesday, reaching $107.32. The stock had a trading volume of 1,148,949 shares, compared to its average volume of 3,343,163. The stock has a 50 day simple moving average of $108.10 and a 200 day simple moving average of $107.23. 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 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).