AdvisorNet Financial Inc Reduces Holdings in iShares National Muni Bond ETF (MUB)

AdvisorNet Financial Inc reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 57.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,312 shares of the exchange traded fund’s stock after selling 5,755 shares during the period. AdvisorNet Financial Inc’s holdings in iShares National Muni Bond ETF were worth $470,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. 3D Asset Management Inc. lifted its position in shares of iShares National Muni Bond ETF by 14.1% during the 1st quarter. 3D Asset Management Inc. now owns 94,374 shares of the exchange traded fund’s stock valued at $10,280,000 after buying an additional 11,677 shares in the last quarter. Wunderlich Capital Managemnt raised its stake in iShares National Muni Bond ETF by 4.2% during the 1st quarter. Wunderlich Capital Managemnt now owns 27,318 shares of the exchange traded fund’s stock valued at $2,976,000 after purchasing an additional 1,109 shares during the period. LGL Partners LLC raised its stake in iShares National Muni Bond ETF by 12.4% during the 1st quarter. LGL Partners LLC now owns 52,257 shares of the exchange traded fund’s stock valued at $5,692,000 after purchasing an additional 5,779 shares during the period. FFT Wealth Management LLC raised its stake in iShares National Muni Bond ETF by 11.7% during the 1st quarter. FFT Wealth Management LLC now owns 13,398 shares of the exchange traded fund’s stock valued at $1,459,000 after purchasing an additional 1,404 shares during the period. Finally, Sawtooth Solutions LLC raised its stake in iShares National Muni Bond ETF by 3.6% during the 1st quarter. Sawtooth Solutions LLC now owns 66,178 shares of the exchange traded fund’s stock valued at $7,209,000 after purchasing an additional 2,322 shares during the period.

Shares of MUB opened at $108.13 on Friday. iShares National Muni Bond ETF has a 12-month low of $108.20 and a 12-month high of $108.28.

The firm also recently announced a monthly dividend, which was paid on Monday, May 7th. Investors of record on Wednesday, May 2nd were paid a dividend of $0.208 per share. This represents a $2.50 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend was Tuesday, May 1st. This is an increase from iShares National Muni Bond ETF’s previous monthly dividend of $0.21.

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).

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

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