Towercrest Capital Management Has $14.86 Million Stock Holdings in iShares National Muni Bond ETF $MUB

Towercrest Capital Management boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,953 shares of the exchange traded fund’s stock after acquiring an additional 5,657 shares during the period. iShares National Muni Bond ETF makes up approximately 2.3% of Towercrest Capital Management’s holdings, making the stock its 15th largest holding. Towercrest Capital Management’s holdings in iShares National Muni Bond ETF were worth $14,856,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. lifted its position in shares of iShares National Muni Bond ETF by 11.0% in the 1st quarter. Valmark Advisers Inc. now owns 89,483 shares of the exchange traded fund’s stock worth $9,499,000 after acquiring an additional 8,867 shares during the period. UNIVEST FINANCIAL Corp grew its holdings in shares of iShares National Muni Bond ETF by 4.8% during the 1st quarter. UNIVEST FINANCIAL Corp now owns 143,747 shares of the exchange traded fund’s stock worth $15,259,000 after purchasing an additional 6,608 shares in the last quarter. Welch & Forbes LLC increased its position in shares of iShares National Muni Bond ETF by 77.7% during the first quarter. Welch & Forbes LLC now owns 4,153 shares of the exchange traded fund’s stock valued at $441,000 after purchasing an additional 1,816 shares during the period. Midwest Trust Co increased its position in shares of iShares National Muni Bond ETF by 33.6% during the first quarter. Midwest Trust Co now owns 51,668 shares of the exchange traded fund’s stock valued at $5,485,000 after purchasing an additional 12,994 shares during the period. Finally, Fifth Third Bancorp raised its stake in shares of iShares National Muni Bond ETF by 377.8% in the first quarter. Fifth Third Bancorp now owns 537,049 shares of the exchange traded fund’s stock valued at $57,008,000 after purchasing an additional 424,640 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB traded up $0.07 during trading hours on Friday, reaching $107.01. The stock had a trading volume of 1,752,480 shares, compared to its average volume of 3,668,951. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month high of $109.00. The business’s fifty day moving average is $106.97 and its two-hundred day moving average is $107.22.

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.