Rivernorth Capital Management LLC Has $35.77 Million Stake in iShares National Muni Bond ETF $MUB

Rivernorth Capital Management LLC boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 271.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 336,951 shares of the exchange traded fund’s stock after purchasing an additional 246,140 shares during the quarter. iShares National Muni Bond ETF comprises 1.8% of Rivernorth Capital Management LLC’s holdings, making the stock its 6th biggest position. Rivernorth Capital Management LLC owned 0.08% of iShares National Muni Bond ETF worth $35,767,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Karpus Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth $25,000. MBM Wealth Consultants LLC acquired a new position in iShares National Muni Bond ETF in the first quarter valued at about $26,000. IMG Wealth Management Inc. lifted its stake in iShares National Muni Bond ETF by 79.9% in the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 107 shares during the period. Turning Point Benefit Group Inc. acquired a new position in iShares National Muni Bond ETF in the third quarter valued at about $26,000. Finally, Dunhill Financial LLC boosted its holdings in iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 226 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $106.00 on Wednesday. iShares National Muni Bond ETF has a 1 year low of $103.58 and a 1 year high of $109.00. The business has a 50-day moving average of $106.87 and a 200-day moving average of $107.15.

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.