Elm Partners Management LLC Has $14.28 Million Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Elm Partners Management LLC raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 56.8% in the third quarter, HoldingsChannel reports. The fund owned 131,417 shares of the exchange traded fund’s stock after purchasing an additional 47,589 shares during the quarter. iShares National Muni Bond ETF makes up approximately 1.0% of Elm Partners Management LLC’s holdings, making the stock its 20th largest holding. Elm Partners Management LLC’s holdings in iShares National Muni Bond ETF were worth $14,276,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Slocum Gordon & Co LLP bought a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $33,000. GHP Investment Advisors Inc. bought a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $44,000. Cordant Inc. bought a new position in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $56,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $66,000.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $107.43 on Monday. iShares National Muni Bond ETF has a twelve month low of $104.64 and a twelve month high of $108.82. The stock’s 50 day moving average is $107.76 and its 200-day moving average is $107.31.

iShares National Muni Bond ETF Company 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).