Dravo Bay LLC Has $3.58 Million Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Dravo Bay LLC lessened its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 27.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 33,059 shares of the exchange traded fund’s stock after selling 12,402 shares during the quarter. iShares National Muni Bond ETF comprises about 2.4% of Dravo Bay LLC’s portfolio, making the stock its 12th largest holding. Dravo Bay LLC’s holdings in iShares National Muni Bond ETF were worth $3,584,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of MUB. TIAA Trust National Association acquired a new stake in iShares National Muni Bond ETF in the 3rd quarter worth about $1,271,354,000. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares National Muni Bond ETF in the 3rd quarter worth about $577,800,000. Charles Schwab Investment Advisory Inc. increased its holdings in iShares National Muni Bond ETF by 79.6% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 9,555,324 shares of the exchange traded fund’s stock valued at $979,803,000 after buying an additional 4,234,737 shares during the period. Orgel Wealth Management LLC increased its holdings in iShares National Muni Bond ETF by 1,262.2% in the 4th quarter. Orgel Wealth Management LLC now owns 3,827,435 shares of the exchange traded fund’s stock valued at $414,932,000 after buying an additional 3,546,457 shares during the period. Finally, RWA Wealth Partners LLC increased its holdings in iShares National Muni Bond ETF by 381.5% in the 4th quarter. RWA Wealth Partners LLC now owns 2,729,275 shares of the exchange traded fund’s stock valued at $295,881,000 after buying an additional 2,162,458 shares during the period.

iShares National Muni Bond ETF Price Performance

MUB stock traded down $0.07 during mid-day trading on Wednesday, hitting $107.02. The stock had a trading volume of 1,935,182 shares, compared to its average volume of 3,664,913. iShares National Muni Bond ETF has a 52 week low of $100.78 and a 52 week high of $108.82. The firm has a fifty day simple moving average of $107.10 and a 200 day simple moving average of $106.75.

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).