BCO Wealth Management LLC Sells 6,969 Shares of iShares National Muni Bond ETF $MUB

BCO Wealth Management LLC reduced its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 78,249 shares of the exchange traded fund’s stock after selling 6,969 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 5.1% of BCO Wealth Management LLC’s holdings, making the stock its 7th biggest position. BCO Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $8,381,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Hollencrest Capital Management bought a new position in shares of iShares National Muni Bond ETF in the second quarter valued at $26,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $26,000. Total Investment Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the 2nd quarter worth about $33,000. Imprint Wealth LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $35,000. Finally, Inlight Wealth Management LLC bought a new position in iShares National Muni Bond ETF in the 3rd quarter valued at about $37,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $105.64 on Monday. The business has a 50-day simple moving average of $107.59 and a two-hundred day simple moving average of $107.23. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week high of $109.00.

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.