Strategic Financial Group LLC Reduces Position in iShares National Muni Bond ETF (MUB)

Strategic Financial Group LLC decreased its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 15.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,925 shares of the exchange traded fund’s stock after selling 3,522 shares during the quarter. Strategic Financial Group LLC’s holdings in iShares National Muni Bond ETF were worth $2,064,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Hudock Capital Group LLC raised its stake in iShares National Muni Bond ETF by 193.0% during the fourth quarter. Hudock Capital Group LLC now owns 542 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 357 shares during the period. Country Trust Bank bought a new position in iShares National Muni Bond ETF in the 4th quarter worth about $79,000. Watermark Asset Management Inc. bought a new position in iShares National Muni Bond ETF in the 4th quarter worth about $90,000. Hirtle Callaghan & Co LLC grew its position in iShares National Muni Bond ETF by 420.6% in the 3rd quarter. Hirtle Callaghan & Co LLC now owns 1,135 shares of the exchange traded fund’s stock worth $123,000 after purchasing an additional 917 shares during the last quarter. Finally, TCI Wealth Advisors Inc. grew its position in iShares National Muni Bond ETF by 128.1% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 1,161 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 652 shares during the last quarter.

NYSEARCA MUB traded down $0.15 on Wednesday, hitting $109.46. The stock had a trading volume of 629 shares, compared to its average volume of 1,405,226. iShares National Muni Bond ETF has a one year low of $106.42 and a one year high of $109.61.

The company also recently announced a monthly dividend, which was paid on Thursday, February 7th. Shareholders of record on Monday, February 4th were given a $0.2338 dividend. This is a boost from iShares National Muni Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, February 1st. This represents a $2.81 annualized dividend and a yield of 2.56%.

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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).

See Also: Quiet Period

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

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