iShares National Muni Bond ETF $MUB Stock: Watershed Private Wealth LLC Boosts Position

Watershed Private Wealth LLC grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 75.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 73,114 shares of the exchange traded fund’s stock after acquiring 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 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MUB. Bank of America Corp DE raised its stake in shares of iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after purchasing an additional 4,763,839 shares during the period. Park Avenue Securities LLC purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $153,414,000. Signaturefd LLC purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $92,707,000. Envestnet Asset Management Inc. boosted its stake in iShares National Muni Bond ETF by 5.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after purchasing an additional 880,501 shares during the period. Finally, Wedmont Private Capital boosted its stake in iShares National Muni Bond ETF by 158.7% in the 3rd quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock worth $124,451,000 after purchasing an additional 757,882 shares during the period. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $103.90 on Wednesday. iShares National Muni Bond ETF has a twelve month low of $100.07 and a twelve month high of $109.00. The stock has a 50-day simple moving average of $102.82 and a two-hundred day simple moving average of $105.92.

iShares National Muni Bond ETF Company 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.