iShares National Muni Bond ETF $MUB Stock Purchased by Watershed Private Wealth LLC

Watershed Private Wealth LLC increased its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 75.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,114 shares of the exchange traded fund’s stock after buying an additional 31,341 shares during the period. iShares National Muni Bond ETF accounts for approximately 2.0% of Watershed Private Wealth LLC’s portfolio, making the stock its 11th largest holding. Watershed Private Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $7,392,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Integrity Alliance LLC. bought a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at about $1,009,000. Gallacher Capital Management LLC purchased a new position in shares of iShares National Muni Bond ETF during the third quarter worth about $426,000. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in shares of iShares National Muni Bond ETF during the third quarter worth about $352,000. Next Level Wealth Planning LLC bought a new position in shares of iShares National Muni Bond ETF in the third quarter worth approximately $34,000. Finally, Signature Equity Partners LLC increased its position in shares of iShares National Muni Bond ETF by 4,954.2% in the third quarter. Signature Equity Partners LLC now owns 1,213 shares of the exchange traded fund’s stock worth $123,000 after purchasing an additional 1,189 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $103.90 on Wednesday. The company’s 50 day moving average is $102.82 and its 200 day moving average is $105.92. iShares National Muni Bond ETF has a 1-year low of $100.07 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.