Towercrest Capital Management Acquires 5,657 Shares of iShares National Muni Bond ETF $MUB

Towercrest Capital Management increased its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 139,953 shares of the exchange traded fund’s stock after purchasing an additional 5,657 shares during the period. iShares National Muni Bond ETF makes up approximately 2.3% of Towercrest Capital Management’s holdings, making the stock its 15th largest position. Towercrest Capital Management’s holdings in iShares National Muni Bond ETF were worth $14,856,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Karpus Management Inc. acquired a new stake in iShares National Muni Bond ETF in the 4th quarter valued at approximately $25,000. MBM Wealth Consultants LLC acquired a new position in shares of iShares National Muni Bond ETF during the first quarter worth approximately $26,000. Turning Point Benefit Group Inc. acquired a new position in shares of iShares National Muni Bond ETF during the third quarter worth approximately $26,000. Dunhill Financial LLC boosted its position in shares of iShares National Muni Bond ETF by 807.1% in the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 226 shares during the period. Finally, Carolina Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $28,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

Shares of iShares National Muni Bond ETF stock traded up $0.07 during midday trading on Friday, hitting $107.01. The company had a trading volume of 1,752,480 shares, compared to its average volume of 3,668,951. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00. The business’s 50 day simple moving average is $106.97 and its two-hundred day simple moving average is $107.22.

iShares National Muni Bond ETF Company 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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.