First International Bank & Trust Sells 507 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

First International Bank & Trust lowered its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 25,261 shares of the exchange traded fund’s stock after selling 507 shares during the period. iShares National Muni Bond ETF accounts for 0.9% of First International Bank & Trust’s portfolio, making the stock its 16th largest holding. First International Bank & Trust’s holdings in iShares National Muni Bond ETF were worth $2,692,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wit LLC increased its holdings in shares of iShares National Muni Bond ETF by 713.9% during the third quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 257 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in iShares National Muni Bond ETF in the third quarter worth $34,000. GHP Investment Advisors Inc. bought a new stake in shares of iShares National Muni Bond ETF during the second quarter worth $44,000. Cordant Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at $56,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at $66,000.

iShares National Muni Bond ETF Trading Down 0.3 %

Shares of NYSEARCA MUB opened at $106.10 on Friday. iShares National Muni Bond ETF has a 12-month low of $105.37 and a 12-month high of $108.81. The firm’s 50-day simple moving average is $107.19 and its 200 day simple moving average is $107.50.

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).