BTS Asset Management Inc. Invests $495,000 in iShares National Muni Bond ETF (NYSEARCA:MUB)

BTS Asset Management Inc. acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 4,554 shares of the exchange traded fund’s stock, valued at approximately $495,000. iShares National Muni Bond ETF makes up about 0.5% of BTS Asset Management Inc.’s portfolio, making the stock its 13th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MUB. Breakwater Investment Management lifted its holdings in shares of iShares National Muni Bond ETF by 1,377.4% in the second quarter. Breakwater Investment Management now owns 4,373 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 4,077 shares in the last quarter. Foster & Motley Inc. boosted its position in iShares National Muni Bond ETF by 6.0% during the 2nd quarter. Foster & Motley Inc. now owns 66,009 shares of the exchange traded fund’s stock worth $7,033,000 after acquiring an additional 3,729 shares during the last quarter. Seaside Wealth Management Inc. grew its stake in shares of iShares National Muni Bond ETF by 0.7% during the 1st quarter. Seaside Wealth Management Inc. now owns 108,670 shares of the exchange traded fund’s stock worth $11,693,000 after acquiring an additional 758 shares in the last quarter. TBH Global Asset Management LLC raised its holdings in shares of iShares National Muni Bond ETF by 43.7% in the first quarter. TBH Global Asset Management LLC now owns 46,427 shares of the exchange traded fund’s stock valued at $4,995,000 after purchasing an additional 14,128 shares during the last quarter. Finally, Creative Planning lifted its position in shares of iShares National Muni Bond ETF by 6.1% in the third quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock worth $1,371,734,000 after purchasing an additional 723,492 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $106.64 on Thursday. iShares National Muni Bond ETF has a 12 month low of $100.78 and a 12 month high of $108.82. The firm has a fifty day simple moving average of $108.06 and a 200 day simple moving average of $107.23.

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).