Mount Lucas Management LP Makes New Investment in iShares National Muni Bond ETF $MUB

Mount Lucas Management LP acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,856 shares of the exchange traded fund’s stock, valued at approximately $730,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Hollencrest Capital Management bought a new stake in iShares National Muni Bond ETF in the 2nd quarter valued at $26,000. Total Investment Management Inc. bought a new position in shares of iShares National Muni Bond ETF during the 2nd quarter worth about $33,000. Inlight Wealth Management LLC acquired a new position in shares of iShares National Muni Bond ETF during the third quarter valued at about $37,000. Evolution Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the second quarter valued at about $44,000. Finally, Financial Network Wealth Advisors LLC lifted its stake in shares of iShares National Muni Bond ETF by 83.8% in the third quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 212 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $108.75 on Thursday. iShares National Muni Bond ETF has a twelve month low of $100.29 and a twelve month high of $108.80. The business’s 50-day simple moving average is $107.64 and its 200 day simple moving average is $106.80.

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.