Cannon Financial Strategists Inc. Lowers Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Cannon Financial Strategists Inc. cut its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,867 shares of the exchange traded fund’s stock after selling 108 shares during the quarter. iShares National Muni Bond ETF makes up 1.0% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 17th largest position. Cannon Financial Strategists Inc.’s holdings in iShares National Muni Bond ETF were worth $5,953,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. grew its holdings in iShares National Muni Bond ETF by 114.3% in the third quarter. Blue Trust Inc. now owns 6,605 shares of the exchange traded fund’s stock valued at $704,000 after purchasing an additional 3,523 shares during the period. Cyndeo Wealth Partners LLC lifted its position in iShares National Muni Bond ETF by 9.1% during the third quarter. Cyndeo Wealth Partners LLC now owns 5,883 shares of the exchange traded fund’s stock valued at $639,000 after buying an additional 493 shares in the last quarter. Waterway Wealth Management LLC lifted its position in iShares National Muni Bond ETF by 128.1% during the third quarter. Waterway Wealth Management LLC now owns 90,200 shares of the exchange traded fund’s stock valued at $9,798,000 after buying an additional 50,658 shares in the last quarter. Ledyard National Bank lifted its position in iShares National Muni Bond ETF by 8.4% during the third quarter. Ledyard National Bank now owns 231,074 shares of the exchange traded fund’s stock valued at $25,102,000 after buying an additional 17,809 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its position in iShares National Muni Bond ETF by 52.2% during the third quarter. Foundations Investment Advisors LLC now owns 18,976 shares of the exchange traded fund’s stock valued at $2,061,000 after buying an additional 6,510 shares in the last quarter.

iShares National Muni Bond ETF Stock Down 0.2 %

Shares of MUB stock opened at $106.50 on Wednesday. The firm’s 50 day moving average price is $106.50 and its two-hundred day moving average price is $107.38. iShares National Muni Bond ETF has a fifty-two week low of $105.00 and a fifty-two week high of $108.81.

About iShares National Muni Bond ETF

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).