BTC Capital Management Inc. Increases Stock Position in iShares National Muni Bond ETF $MUB

BTC Capital Management Inc. lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 104,038 shares of the exchange traded fund’s stock after acquiring an additional 9,361 shares during the quarter. BTC Capital Management Inc.’s holdings in iShares National Muni Bond ETF were worth $11,061,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in MUB. Karpus Management Inc. bought a new position in iShares National Muni Bond ETF during the fourth quarter valued at approximately $25,000. Turning Point Benefit Group Inc. purchased a new stake in iShares National Muni Bond ETF in the third quarter worth approximately $26,000. Dunhill Financial LLC grew its position in iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares during the period. Carolina Wealth Advisors LLC bought a new stake in iShares National Muni Bond ETF in the 4th quarter worth approximately $28,000. Finally, Hantz Financial Services Inc. raised its stake in iShares National Muni Bond ETF by 164.1% during the 4th quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 192 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $107.46 on Thursday. The business’s fifty day moving average price is $106.93 and its 200-day moving average price is $107.18. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00.

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). 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.