Towercrest Capital Management Sells 8,799 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Towercrest Capital Management lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,529 shares of the exchange traded fund’s stock after selling 8,799 shares during the period. iShares National Muni Bond ETF accounts for about 2.0% of Towercrest Capital Management’s investment portfolio, making the stock its 17th largest position. Towercrest Capital Management’s holdings in iShares National Muni Bond ETF were worth $12,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares National Muni Bond ETF during the 2nd quarter valued at about $33,000. Slocum Gordon & Co LLP bought a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth approximately $33,000. GHP Investment Advisors Inc. purchased a new position in iShares National Muni Bond ETF during the 2nd quarter valued at $44,000. Cordant Inc. bought a new position in iShares National Muni Bond ETF in the 3rd quarter valued at $56,000. Finally, Family Asset Management LLC grew its position in iShares National Muni Bond ETF by 1,858.1% in the 2nd quarter. Family Asset Management LLC now owns 607 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 576 shares during the last quarter.

iShares National Muni Bond ETF Trading Up 0.1 %

NYSEARCA:MUB opened at $107.61 on Friday. iShares National Muni Bond ETF has a twelve month low of $105.11 and a twelve month high of $108.82. The stock has a fifty day simple moving average of $107.68 and a 200-day simple moving average of $107.33.

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).