iShares National Muni Bond ETF $MUB Shares Sold by Waterway Wealth Management LLC

Waterway Wealth Management LLC trimmed its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 192,238 shares of the exchange traded fund’s stock after selling 6,808 shares during the period. iShares National Muni Bond ETF accounts for approximately 3.8% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Waterway Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $20,591,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Karpus Management Inc. bought a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at approximately $25,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $26,000. Dunhill Financial LLC increased its position 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 valued at $27,000 after purchasing an additional 226 shares during the period. Carolina Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $28,000. Finally, Hantz Financial Services Inc. increased its position in shares of iShares National Muni Bond ETF by 164.1% during the fourth quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 192 shares during the period. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $107.17 on Wednesday. The stock’s fifty day simple moving average is $106.87 and its 200 day simple moving average is $107.17. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00.

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.