Alhambra Investment Management LLC Has $2.42 Million Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Alhambra Investment Management LLC cut its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,689 shares of the exchange traded fund’s stock after selling 2,437 shares during the period. iShares National Muni Bond ETF comprises approximately 1.2% of Alhambra Investment Management LLC’s holdings, making the stock its 24th largest holding. Alhambra Investment Management LLC’s holdings in iShares National Muni Bond ETF were worth $2,418,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Creative Planning boosted its position in iShares National Muni Bond ETF by 6.1% in 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 buying an additional 723,492 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares National Muni Bond ETF by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 9,698,212 shares of the exchange traded fund’s stock worth $1,053,517,000 after acquiring an additional 286,468 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares National Muni Bond ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock worth $823,733,000 after purchasing an additional 585,598 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares National Muni Bond ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 7,366,762 shares of the exchange traded fund’s stock worth $800,251,000 after purchasing an additional 66,958 shares in the last quarter. Finally, US Bancorp DE grew its stake in shares of 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 last quarter.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $106.23 on Friday. The company has a 50 day moving average price of $107.06 and a 200 day moving average price of $107.47. 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).