Waterway Wealth Management LLC Sells 86,390 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Waterway Wealth Management LLC cut its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 97.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,177 shares of the exchange traded fund’s stock after selling 86,390 shares during the quarter. Waterway Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $234,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Main Street Financial Solutions LLC increased its holdings in iShares National Muni Bond ETF by 1.7% in the 4th quarter. Main Street Financial Solutions LLC now owns 5,667 shares of the exchange traded fund’s stock valued at $614,000 after buying an additional 93 shares during the period. Valley Wealth Managers Inc. boosted its position in iShares National Muni Bond ETF by 24.5% in the fourth quarter. Valley Wealth Managers Inc. now owns 482 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 95 shares in the last quarter. Trust Co. of Virginia VA grew its stake in shares of iShares National Muni Bond ETF by 1.2% during the first quarter. Trust Co. of Virginia VA now owns 8,591 shares of the exchange traded fund’s stock worth $924,000 after buying an additional 100 shares during the last quarter. Ruedi Wealth Management Inc. increased its holdings in shares of iShares National Muni Bond ETF by 66.4% during the fourth quarter. Ruedi Wealth Management Inc. now owns 253 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 101 shares in the last quarter. Finally, Horizon Family Wealth Inc. lifted its stake in shares of iShares National Muni Bond ETF by 0.7% in the 4th quarter. Horizon Family Wealth Inc. now owns 14,574 shares of the exchange traded fund’s stock valued at $1,580,000 after acquiring an additional 108 shares during the last quarter.

iShares National Muni Bond ETF Price Performance

MUB traded down $0.27 on Friday, reaching $106.55. The stock had a trading volume of 2,603,487 shares, compared to its average volume of 3,615,490. iShares National Muni Bond ETF has a fifty-two week low of $100.78 and a fifty-two week high of $108.82. The firm has a 50-day moving average of $106.49 and a 200-day moving average of $107.30.

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).