Spinnaker Investment Group LLC Has $1.31 Million Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Spinnaker Investment Group LLC trimmed its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 24.5% in the fourth quarter, Holdings Channel reports. The fund owned 12,245 shares of the exchange traded fund’s stock after selling 3,966 shares during the period. iShares National Muni Bond ETF accounts for about 0.3% of Spinnaker Investment Group LLC’s portfolio, making the stock its 27th biggest position. Spinnaker Investment Group LLC’s holdings in iShares National Muni Bond ETF were worth $1,305,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Creative Planning grew its position in shares of iShares National Muni Bond ETF by 6.1% in the 3rd quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock valued at $1,371,734,000 after purchasing an additional 723,492 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares National Muni Bond ETF by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 9,698,212 shares of the exchange traded fund’s stock valued at $1,053,517,000 after buying an additional 286,468 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of iShares National Muni Bond ETF by 8.4% in the third quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock valued at $823,733,000 after buying an additional 585,598 shares during the period. PNC Financial Services Group Inc. increased its position in shares of iShares National Muni Bond ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 7,366,762 shares of the exchange traded fund’s stock worth $800,251,000 after acquiring an additional 66,958 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of iShares National Muni Bond ETF by 37.2% during the third quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock worth $744,716,000 after acquiring an additional 1,859,907 shares during the period.

iShares National Muni Bond ETF Stock Down 0.3 %

Shares of NYSEARCA MUB opened at $106.02 on Friday. iShares National Muni Bond ETF has a 1-year low of $105.00 and a 1-year high of $108.81. The company has a fifty day moving average price of $107.01 and a 200 day moving average price of $107.46.

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).