Bear Mountain Capital Inc. decreased its position in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 10.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 223,423 shares of the exchange traded fund’s stock after selling 25,832 shares during the quarter. iShares National Muni Bond ETF makes up 7.8% of Bear Mountain Capital Inc.’s investment portfolio, making the stock its 5th largest position. Bear Mountain Capital Inc. owned 0.06% of iShares National Muni Bond ETF worth $24,069,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Prime Capital Investment Advisors LLC boosted its stake in shares of iShares National Muni Bond ETF by 9.8% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 644,467 shares of the exchange traded fund’s stock valued at $69,029,000 after purchasing an additional 57,329 shares in the last quarter. Seascape Capital Management boosted its stake in shares of iShares National Muni Bond ETF by 3.2% during the 4th quarter. Seascape Capital Management now owns 5,710 shares of the exchange traded fund’s stock valued at $612,000 after purchasing an additional 175 shares in the last quarter. BIP Wealth LLC boosted its stake in shares of iShares National Muni Bond ETF by 25.9% during the 4th quarter. BIP Wealth LLC now owns 89,574 shares of the exchange traded fund’s stock valued at $9,594,000 after purchasing an additional 18,422 shares in the last quarter. Towercrest Capital Management boosted its stake in shares of iShares National Muni Bond ETF by 3.5% during the 4th quarter. Towercrest Capital Management now owns 134,296 shares of the exchange traded fund’s stock valued at $14,384,000 after purchasing an additional 4,594 shares in the last quarter. Finally, Alliance Wealth Management Group boosted its stake in shares of iShares National Muni Bond ETF by 8.4% during the 4th quarter. Alliance Wealth Management Group now owns 84,566 shares of the exchange traded fund’s stock valued at $9,058,000 after purchasing an additional 6,526 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Up 0.2%
Shares of MUB opened at $106.76 on Thursday. The firm’s 50-day moving average price is $107.40 and its 200-day moving average price is $107.22. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $109.00.
iShares National Muni Bond ETF 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.
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