Towercrest Capital Management Acquires 1,095 Shares of iShares National Muni Bond ETF $MUB

Towercrest Capital Management lifted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 0.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 122,745 shares of the exchange traded fund’s stock after purchasing an additional 1,095 shares during the period. iShares National Muni Bond ETF comprises approximately 2.3% of Towercrest Capital Management’s investment portfolio, making the stock its 15th largest holding. Towercrest Capital Management’s holdings in iShares National Muni Bond ETF were worth $12,824,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC bought a new stake in iShares National Muni Bond ETF in the 4th quarter valued at about $325,000. Revolve Wealth Partners LLC grew its holdings in iShares National Muni Bond ETF by 10.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after buying an additional 11,989 shares in the last quarter. Bison Wealth LLC purchased a new position in iShares National Muni Bond ETF during the 4th quarter valued at about $516,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in iShares National Muni Bond ETF during the 1st quarter valued at about $253,000. Finally, DAVENPORT & Co LLC grew its holdings in iShares National Muni Bond ETF by 3.7% during the 1st quarter. DAVENPORT & Co LLC now owns 9,720 shares of the exchange traded fund’s stock valued at $1,025,000 after buying an additional 350 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Down 0.4%

MUB stock opened at $107.06 on Tuesday. iShares National Muni Bond ETF has a twelve month low of $100.29 and a twelve month high of $108.60. The stock has a 50-day simple moving average of $106.37 and a two-hundred day simple moving average of $104.81.

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).