Waterway Wealth Management LLC Buys New Stake in iShares National Muni Bond ETF $MUB

Waterway Wealth Management LLC acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 199,046 shares of the exchange traded fund’s stock, valued at approximately $21,196,000. iShares National Muni Bond ETF makes up 4.1% of Waterway Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position.

Several other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC bought a new stake in iShares National Muni Bond ETF during the fourth quarter worth approximately $325,000. Revolve Wealth Partners LLC increased its position in shares of iShares National Muni Bond ETF by 10.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after purchasing an additional 11,989 shares during the period. Bison Wealth LLC acquired a new position in shares of iShares National Muni Bond ETF during the 4th quarter valued at $516,000. AQR Capital Management LLC raised its stake in shares of iShares National Muni Bond ETF by 21.2% in the 1st quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after buying an additional 2,322 shares in the last quarter. Finally, Blair William & Co. IL lifted its holdings in shares of iShares National Muni Bond ETF by 11.6% in the second quarter. Blair William & Co. IL now owns 38,184 shares of the exchange traded fund’s stock valued at $3,989,000 after buying an additional 3,958 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $107.79 on Tuesday. iShares National Muni Bond ETF has a twelve month low of $100.29 and a twelve month high of $107.96. The firm has a 50-day moving average of $107.29 and a two-hundred day moving average of $106.45.

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.