Forward Management’s iShares National Muni Bond ETF MUB Stock Holding History

Forward Management’s Portfolio MUB Stock Details MUB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-265	Closed	-$29K	–	277
2015 Q3	$29K	Hold	265	–	–	﹤0.01%	251
2015 Q2	$29K	Hold	265	–	–	﹤0.01%	303
2015 Q1	$29K	Hold	265	–	–	﹤0.01%	356
2014 Q4	$29K	Hold	265	–	–	﹤0.01%	370
2014 Q3	$29K	Hold	265	–	–	﹤0.01%	364
2014 Q2	$29K	Hold	265	–	–	﹤0.01%	341
2014 Q1	$28K	Hold	265	–	–	﹤0.01%	332
2013 Q4	$27K	Hold	265	–	–	﹤0.01%	353
2013 Q3	$28K	Hold	265	–	–	﹤0.01%	349
2013 Q2	$28K	Buy	+265	New	+$29K	﹤0.01%	337

Other funds holding MUB

PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Betterment LLC New York $59.1B AUM 18.41% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Wealthfront Palo Alto, California $10.4B AUM 6.15% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Creative Planning Overland Park, Kansas $171B AUM 24.68% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $187B AUM 21.7% 1-Year Est. Return

Forward Management's MUB Position: Q4 2015 in Review

Forward Management sold out of iShares National Muni Bond ETF (MUB) in Q4 2015, closing a stake of 265 shares — an estimated $29K sold.

Forward Management first reported a position in MUB in Q2 2013 and held it in 10 quarters. The position peaked at $29K in Q3 2015. 333 funds tracked by Wall St. Rank hold MUB as of Q4 2015.

Forward Management reported no remaining iShares National Muni Bond ETF position as of Q4 2015 after selling out during the quarter.
Forward Management sold 265 iShares National Muni Bond ETF shares in Q4 2015, an estimated $29K.
Forward Management first reported a position in iShares National Muni Bond ETF in Q2 2013 and held it in 10 quarters.
Forward Management's iShares National Muni Bond ETF position peaked at $29K in Q3 2015.
333 funds tracked by Wall St. Rank held iShares National Muni Bond ETF as of Q4 2015.

Based on Forward Management's 13F filing for Q4 2015, filed 11 Feb 2016.