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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q4	$90K	Buy	+823	New	+$90K	0.04%	67
2017 Q4	–	Sell	-1,087	Closed	-$121K	–	256
2017 Q3	$121K	Hold	1,087	–	–	0.05%	57
2017 Q2	$120K	Sell	1,087 -1,594	-59%	-$176K	0.05%	57
2017 Q1	$292K	Buy	+2,681	New	+$292K	0.14%	43