Watershed Private Wealth LLC Has $5.92 Million Stake in iShares National Muni Bond ETF $MUB

Watershed Private Wealth LLC raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 13.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 56,620 shares of the exchange traded fund’s stock after purchasing an additional 6,729 shares during the period. iShares National Muni Bond ETF makes up approximately 2.2% of Watershed Private Wealth LLC’s portfolio, making the stock its 14th biggest holding. Watershed Private Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $5,916,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC purchased a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $325,000. Revolve Wealth Partners LLC boosted its holdings in 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 worth $13,233,000 after acquiring an additional 11,989 shares during the last quarter. Bison Wealth LLC purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth $516,000. OLD National Bancorp IN boosted its holdings in iShares National Muni Bond ETF by 38.8% during the first quarter. OLD National Bancorp IN now owns 8,160 shares of the exchange traded fund’s stock worth $860,000 after purchasing an additional 2,280 shares during the last quarter. Finally, IMC Chicago LLC purchased a new position in iShares National Muni Bond ETF during the first quarter worth about $6,581,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $106.54 on Wednesday. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $108.60. The firm’s 50-day simple moving average is $105.16 and its 200 day simple moving average is $104.39.

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).