Prudential Financial Inc. Decreases Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Prudential Financial Inc. decreased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 49.4% during the 4th quarter, Holdings Channel reports. The firm owned 261,633 shares of the exchange traded fund’s stock after selling 255,427 shares during the quarter. Prudential Financial Inc.’s holdings in iShares National Muni Bond ETF were worth $27,877,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Advantage Trust Co acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth $26,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at $26,000. New Millennium Group LLC increased its position in iShares National Muni Bond ETF by 103.5% during the 4th quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 148 shares in the last quarter. Wit LLC raised its stake in iShares National Muni Bond ETF by 713.9% in the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 257 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new position in iShares National Muni Bond ETF in the 3rd quarter valued at about $34,000.

iShares National Muni Bond ETF Stock Down 0.2 %

iShares National Muni Bond ETF stock opened at $105.35 on Wednesday. The firm’s 50-day moving average is $106.50 and its two-hundred day moving average is $107.13. iShares National Muni Bond ETF has a 12-month low of $105.00 and a 12-month high of $108.81.

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).