iShares National Muni Bond ETF (MUB) Shares Sold by Q3 Asset Management

Q3 Asset Management lessened its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 54.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,553 shares of the exchange traded fund’s stock after selling 21,007 shares during the quarter. iShares National Muni Bond ETF makes up about 2.1% of Q3 Asset Management’s investment portfolio, making the stock its 20th largest holding. Q3 Asset Management’s holdings in iShares National Muni Bond ETF were worth $1,914,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company raised its stake in iShares National Muni Bond ETF by 147.3% during the first quarter. The Manufacturers Life Insurance Company now owns 9,745 shares of the exchange traded fund’s stock valued at $1,062,000 after buying an additional 5,805 shares during the last quarter. Millennium Management LLC raised its stake in iShares National Muni Bond ETF by 486.8% during the fourth quarter. Millennium Management LLC now owns 55,555 shares of the exchange traded fund’s stock valued at $6,152,000 after buying an additional 46,087 shares during the last quarter. Financial Advisory Service Inc. raised its stake in iShares National Muni Bond ETF by 6.2% during the second quarter. Financial Advisory Service Inc. now owns 30,863 shares of the exchange traded fund’s stock valued at $3,365,000 after buying an additional 1,802 shares during the last quarter. Paracle Advisors LLC raised its stake in iShares National Muni Bond ETF by 2.5% during the first quarter. Paracle Advisors LLC now owns 42,156 shares of the exchange traded fund’s stock valued at $4,592,000 after buying an additional 1,041 shares during the last quarter. Finally, Arkansas Financial Group Inc. raised its stake in iShares National Muni Bond ETF by 10.6% during the second quarter. Arkansas Financial Group Inc. now owns 54,993 shares of the exchange traded fund’s stock valued at $5,996,000 after buying an additional 5,290 shares during the last quarter.

Shares of iShares National Muni Bond ETF opened at $108.85 on Friday, Marketbeat.com reports. iShares National Muni Bond ETF has a 12-month low of $107.56 and a 12-month high of $111.66.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 7th. Shareholders of record on Thursday, August 2nd were paid a dividend of $0.2293 per share. This represents a $2.75 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date was Wednesday, August 1st.

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).

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

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