HighTower Advisors LLC Trims Stock Position in BlackRock Intermediate Muni Income Bond ETF (NYSEARCA:INMU)

HighTower Advisors LLC lessened its holdings in BlackRock Intermediate Muni Income Bond ETF (NYSEARCA:INMU – Get Rating) by 7.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 161,940 shares of the company’s stock after selling 12,180 shares during the period. HighTower Advisors LLC owned 0.12% of BlackRock Intermediate Muni Income Bond ETF worth $3,745,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Jane Street Group LLC lifted its stake in shares of BlackRock Intermediate Muni Income Bond ETF by 334.0% during the third quarter. Jane Street Group LLC now owns 226,477 shares of the company’s stock valued at $5,161,000 after buying an additional 174,299 shares during the period. Telemus Capital LLC raised its stake in BlackRock Intermediate Muni Income Bond ETF by 563.6% during the fourth quarter. Telemus Capital LLC now owns 108,410 shares of the company’s stock worth $2,537,000 after purchasing an additional 92,074 shares during the period. Flow Traders U.S. LLC raised its stake in BlackRock Intermediate Muni Income Bond ETF by 7.4% during the third quarter. Flow Traders U.S. LLC now owns 40,835 shares of the company’s stock worth $930,000 after purchasing an additional 2,800 shares during the period. Syverson Strege & Co purchased a new position in BlackRock Intermediate Muni Income Bond ETF during the fourth quarter worth approximately $779,000. Finally, Landmark Wealth Management LLC purchased a new position in BlackRock Intermediate Muni Income Bond ETF during the fourth quarter worth approximately $539,000.

BlackRock Intermediate Muni Income Bond ETF Stock Down 0.3 %

NYSEARCA:INMU opened at $23.29 on Friday. BlackRock Intermediate Muni Income Bond ETF has a fifty-two week low of $22.59 and a fifty-two week high of $24.16. The firm’s 50 day moving average is $23.55 and its two-hundred day moving average is $23.42.

BlackRock Intermediate Muni Income Bond ETF Company Profile

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The BlackRock Intermediate Muni Income Bond ETF (INMU) is an exchange-traded fund that is based on the BBG Barc Municipal Bond 1-15Yr index. The BlackRock Intermediate Muni Income Bond ETF (the Fund) seeks to maximize tax-free current income. INMU was launched on Mar 16, 2021 and is managed by BlackRock.