Renaissance Technologies LLC Trims Stock Holdings in iShares National Muni Bond ETF $MUB

Renaissance Technologies LLC lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 26.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 94,700 shares of the exchange traded fund’s stock after selling 34,150 shares during the period. Renaissance Technologies LLC’s holdings in iShares National Muni Bond ETF were worth $10,052,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Karpus Management Inc. acquired a new position in iShares National Muni Bond ETF in the 4th quarter valued at about $25,000. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth about $26,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares National Muni Bond ETF during the 1st quarter worth about $26,000. Dunhill Financial LLC grew its holdings in shares of 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 in the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth about $28,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $105.64 on Monday. The firm has a 50 day simple moving average of $106.85 and a 200-day simple moving average of $107.11. iShares National Muni Bond ETF has a 1-year low of $103.65 and a 1-year 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.