iShares Long-Term National Muni Bond ETF $LMUB Stock: Watershed Private Wealth LLC Cuts Holdings

Watershed Private Wealth LLC trimmed its position in iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) by 11.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,428 shares of the company’s stock after selling 14,022 shares during the quarter. iShares Long-Term National Muni Bond ETF makes up approximately 1.3% of Watershed Private Wealth LLC’s portfolio, making the stock its 16th largest position. Watershed Private Wealth LLC owned approximately 0.28% of iShares Long-Term National Muni Bond ETF worth $4,950,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in LMUB. Envestnet Asset Management Inc. lifted its position in shares of iShares Long-Term National Muni Bond ETF by 7.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,886,730 shares of the company’s stock valued at $660,058,000 after acquiring an additional 872,969 shares in the last quarter. Redwood Investment Management LLC purchased a new position in iShares Long-Term National Muni Bond ETF during the 1st quarter worth approximately $1,085,000. NewEdge Advisors LLC purchased a new position in iShares Long-Term National Muni Bond ETF during the 1st quarter worth approximately $588,000. World Investment Advisors purchased a new position in iShares Long-Term National Muni Bond ETF during the 1st quarter worth approximately $1,781,000. Finally, Cornerstone Planning Group LLC purchased a new position in iShares Long-Term National Muni Bond ETF during the 1st quarter worth approximately $1,684,000.

iShares Long-Term National Muni Bond ETF Price Performance

Shares of NYSEARCA:LMUB opened at $48.23 on Wednesday. The company’s fifty day moving average is $47.63 and its two-hundred day moving average is $49.78. iShares Long-Term National Muni Bond ETF has a 12-month low of $45.81 and a 12-month high of $53.52.

About iShares Long-Term National Muni Bond ETF

The iShares Long-Term National Muni Bond ETF (LMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration LMUB was launched on Mar 17, 2025 and is issued by BlackRock.