Acropolis Investment Management LLC Purchases 23,509 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Acropolis Investment Management LLC grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 46.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 73,616 shares of the exchange traded fund’s stock after buying an additional 23,509 shares during the period. Acropolis Investment Management LLC’s holdings in iShares National Muni Bond ETF were worth $7,844,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MUB. Park Avenue Securities LLC grew its stake in iShares National Muni Bond ETF by 9.0% in the fourth quarter. Park Avenue Securities LLC now owns 1,033,611 shares of the exchange traded fund’s stock valued at $110,131,000 after acquiring an additional 85,183 shares during the period. Pines Wealth Management LLC bought a new position in shares of iShares National Muni Bond ETF during the 4th quarter valued at about $6,689,000. Crane Advisory LLC bought a new position in shares of iShares National Muni Bond ETF during the 4th quarter valued at about $254,000. McNaughton Wealth Management LLC grew its position in shares of iShares National Muni Bond ETF by 17.3% in the 4th quarter. McNaughton Wealth Management LLC now owns 23,851 shares of the exchange traded fund’s stock valued at $2,541,000 after purchasing an additional 3,519 shares during the period. Finally, Cardinal Point Capital Management ULC increased its stake in iShares National Muni Bond ETF by 9.8% during the 4th quarter. Cardinal Point Capital Management ULC now owns 313,585 shares of the exchange traded fund’s stock worth $33,412,000 after purchasing an additional 28,114 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $105.35 on Wednesday. iShares National Muni Bond ETF has a 52 week low of $105.00 and a 52 week high of $108.81. The company’s 50 day moving average price is $107.10 and its two-hundred day moving average price is $107.49.

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).