Forum Financial Management LP Trims Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Forum Financial Management LP lessened its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 37.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 161,516 shares of the exchange traded fund’s stock after selling 98,584 shares during the period. iShares National Muni Bond ETF comprises approximately 0.3% of Forum Financial Management LP’s investment portfolio, making the stock its 24th biggest holding. Forum Financial Management LP’s holdings in iShares National Muni Bond ETF were worth $17,210,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of MUB. Integrity Financial Corp WA bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares National Muni Bond ETF in the 4th quarter worth $26,000. Advantage Trust Co purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth $26,000. National Bank of Canada FI boosted its position in iShares National Muni Bond ETF by 346.7% during the fourth quarter. National Bank of Canada FI now owns 268 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 208 shares in the last quarter. Finally, New Millennium Group LLC lifted its position in shares of iShares National Muni Bond ETF by 103.5% during the fourth quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 148 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $103.60 on Friday. The stock’s fifty day moving average price is $105.57 and its 200 day moving average price is $106.58. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.81.

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).