Baird Financial Group Inc. Has $3.92 Million Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Baird Financial Group Inc. trimmed its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 30.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 35,991 shares of the exchange traded fund’s stock after selling 15,485 shares during the period. Baird Financial Group Inc.’s holdings in iShares National Muni Bond ETF were worth $3,924,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MUB. NTV Asset Management LLC lifted its stake in iShares National Muni Bond ETF by 10.4% during the second quarter. NTV Asset Management LLC now owns 5,300 shares of the exchange traded fund’s stock worth $578,000 after purchasing an additional 500 shares in the last quarter. Twele Capital Management Inc. lifted its stake in iShares National Muni Bond ETF by 3.5% during the second quarter. Twele Capital Management Inc. now owns 14,741 shares of the exchange traded fund’s stock worth $1,607,000 after purchasing an additional 501 shares in the last quarter. Global Retirement Partners LLC lifted its stake in iShares National Muni Bond ETF by 2.3% during the second quarter. Global Retirement Partners LLC now owns 22,533 shares of the exchange traded fund’s stock worth $2,457,000 after purchasing an additional 508 shares in the last quarter. Midwest Professional Planners LTD. lifted its stake in iShares National Muni Bond ETF by 6.9% during the second quarter. Midwest Professional Planners LTD. now owns 8,097 shares of the exchange traded fund’s stock worth $883,000 after purchasing an additional 520 shares in the last quarter. Finally, BSW Wealth Partners lifted its stake in iShares National Muni Bond ETF by 11.4% during the first quarter. BSW Wealth Partners now owns 5,626 shares of the exchange traded fund’s stock worth $613,000 after purchasing an additional 575 shares in the last quarter.

Shares of NYSEARCA MUB traded down $0.07 during mid-day trading on Friday, hitting $107.11. The company had a trading volume of 1,268,074 shares, compared to its average volume of 647,120. iShares National Muni Bond ETF has a 1-year low of $107.01 and a 1-year high of $111.37.

The business also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were paid a $0.2372 dividend. This is a boost from iShares National Muni Bond ETF’s previous monthly dividend of $0.23. This represents a $2.85 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend was Monday, October 1st.

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).

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

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