Tenzing Financial LLC grew its position in ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD – Free Report) by 19.1% during the second quarter, HoldingsChannel reports. The firm owned 146,363 shares of the company’s stock after buying an additional 23,508 shares during the period. ALPS Intermediate Municipal Bond ETF comprises approximately 2.6% of Tenzing Financial LLC’s portfolio, making the stock its 11th largest holding. Tenzing Financial LLC owned approximately 0.07% of ALPS Intermediate Municipal Bond ETF worth $3,824,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Main Street Financial Solutions LLC bought a new position in ALPS Intermediate Municipal Bond ETF during the second quarter worth $343,000. Jane Street Group LLC bought a new stake in ALPS Intermediate Municipal Bond ETF during the second quarter valued at $511,000. Concurrent Investment Advisors LLC grew its holdings in ALPS Intermediate Municipal Bond ETF by 508.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 51,308 shares of the company’s stock worth $1,332,000 after acquiring an additional 42,872 shares during the period. Finally, Arsenal Capital Advisors LLC acquired a new stake in ALPS Intermediate Municipal Bond ETF during the 4th quarter worth about $378,000.
ALPS Intermediate Municipal Bond ETF Price Performance
MNBD stock opened at $25.75 on Monday. The stock has a 50-day moving average price of $25.91 and a 200-day moving average price of $26.00. ALPS Intermediate Municipal Bond ETF has a 1-year low of $24.74 and a 1-year high of $26.46.
About ALPS Intermediate Municipal Bond ETF
The ALPS Intermediate Municipal Bond ETF (MNBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to investment-grade, intermediate-term municipal bonds that are exempt from federal income tax. MNBD was launched on May 19, 2022 and is managed by ALPS.
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Want to see what other hedge funds are holding MNBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD – Free Report).
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