iShares National Muni Bond ETF $MUB Stake Trimmed by Waterway Wealth Management LLC

Waterway Wealth Management LLC lowered its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 192,238 shares of the exchange traded fund’s stock after selling 6,808 shares during the quarter. iShares National Muni Bond ETF makes up 3.8% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Waterway Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $20,591,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of MUB. Advyzon Investment Management LLC boosted its position in iShares National Muni Bond ETF by 18.1% during the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after acquiring an additional 6,349 shares during the period. Aegis Wealth Management Inc. acquired a new stake in iShares National Muni Bond ETF during the 4th quarter worth about $552,000. Confluence Investment Management LLC boosted its position in iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after acquiring an additional 7,072 shares during the period. Cahaba Wealth Management Inc. boosted its position in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock worth $37,592,000 after acquiring an additional 11,597 shares during the period. Finally, Crestwood Advisors Group LLC boosted its position in iShares National Muni Bond ETF by 5.8% during the 3rd quarter. Crestwood Advisors Group LLC now owns 490,899 shares of the exchange traded fund’s stock worth $52,276,000 after acquiring an additional 27,123 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $107.17 on Wednesday. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00. The stock has a 50-day simple moving average of $106.87 and a 200-day simple moving average of $107.17.

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.