Fragasso Financial Advisors Inc Sells 4,191 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Fragasso Financial Advisors Inc decreased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,922 shares of the exchange traded fund’s stock after selling 4,191 shares during the quarter. iShares National Muni Bond ETF makes up approximately 1.1% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 18th largest position. Fragasso Financial Advisors Inc’s holdings in iShares National Muni Bond ETF were worth $13,950,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE grew its holdings in 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 purchasing an additional 1,859,907 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares National Muni Bond ETF by 16.6% in the second 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 period. Creative Planning raised its holdings in shares of iShares National Muni Bond ETF by 6.1% in the 3rd quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock valued at $1,371,734,000 after acquiring an additional 723,492 shares in the last quarter. Balentine LLC lifted its position in iShares National Muni Bond ETF by 373.8% during the third quarter. Balentine LLC now owns 885,803 shares of the exchange traded fund’s stock valued at $96,225,000 after purchasing an additional 698,834 shares during the last quarter. Finally, LPL Financial LLC grew its position in iShares National Muni Bond ETF by 8.4% in the third quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock worth $823,733,000 after acquiring an additional 585,598 shares in the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of MUB traded down $0.26 during midday trading on Monday, reaching $105.39. The stock had a trading volume of 3,123,442 shares, compared to its average volume of 3,940,788. The company’s 50-day moving average is $107.17 and its 200 day moving average is $107.51. iShares National Muni Bond ETF has a 12-month low of $105.00 and a 12-month high of $108.81.

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).