Mount Lucas Management LP Makes New $730,000 Investment in iShares National Muni Bond ETF $MUB

Mount Lucas Management LP purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,856 shares of the exchange traded fund’s stock, valued at approximately $730,000.

A number of other hedge funds also recently made changes to their positions in MUB. Hollencrest Capital Management acquired a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter valued at about $26,000. Total Investment Management Inc. bought a new position in iShares National Muni Bond ETF during the second quarter worth about $33,000. Inlight Wealth Management LLC bought a new position in iShares National Muni Bond ETF during the third quarter worth about $37,000. Evolution Wealth Management Inc. acquired a new stake in iShares National Muni Bond ETF during the second quarter valued at approximately $44,000. Finally, Financial Network Wealth Advisors LLC boosted its holdings in iShares National Muni Bond ETF by 83.8% during the third quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 212 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $108.75 on Thursday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $108.80. The stock has a 50 day simple moving average of $107.64 and a 200-day simple moving average of $106.80.

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.