iShares National Muni Bond ETF (MUB) Shares Sold by FTB Advisors Inc.

FTB Advisors Inc. trimmed its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 13.9% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 3,176 shares of the exchange traded fund’s stock after selling 514 shares during the period. FTB Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $353,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MUB. Arrow Financial Corp raised its stake in shares of iShares National Muni Bond ETF by 470.5% in the 1st quarter. Arrow Financial Corp now owns 6,669 shares of the exchange traded fund’s stock valued at $742,000 after purchasing an additional 5,500 shares during the period. Marshall Financial Group Inc. ADV increased its position in shares of iShares National Muni Bond ETF by 35.0% in the first quarter. Marshall Financial Group Inc. ADV now owns 6,321 shares of the exchange traded fund’s stock valued at $703,000 after acquiring an additional 1,639 shares during the last quarter. James Investment Research Inc. increased its position in shares of iShares National Muni Bond ETF by 4.8% in the first quarter. James Investment Research Inc. now owns 36,915 shares of the exchange traded fund’s stock valued at $4,105,000 after acquiring an additional 1,707 shares during the last quarter. Enterprise Financial Services Corp grew its holdings in iShares National Muni Bond ETF by 64.3% during the first quarter. Enterprise Financial Services Corp now owns 12,247 shares of the exchange traded fund’s stock worth $1,362,000 after purchasing an additional 4,794 shares during the period. Finally, Strategic Financial Group LLC grew its holdings in iShares National Muni Bond ETF by 9.6% during the first quarter. Strategic Financial Group LLC now owns 20,751 shares of the exchange traded fund’s stock worth $2,307,000 after purchasing an additional 1,826 shares during the period.

iShares National Muni Bond ETF stock traded up $0.10 during midday trading on Wednesday, reaching $112.36. 319,521 shares of the company’s stock were exchanged, compared to its average volume of 937,031. iShares National Muni Bond ETF has a 52 week low of $106.42 and a 52 week high of $112.48.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.2345 per share. This represents a $2.81 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date was Wednesday, May 1st.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Sundance Herald and is the sole property of of Sundance Herald. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The legal version of this piece of content can be read at https://sundanceherald.com/2019/05/22/ftb-advisors-inc-lowers-position-in-ishares-national-muni-bond-etf-mub.html.

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).

Further Reading: Earnings Per Share (EPS) Explained

Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

Receive News & Ratings for iShares National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply