iShares National Muni Bond ETF Target of Unusually High Options Trading (NYSEARCA:MUB)

iShares National Muni Bond ETF (NYSEARCA:MUB) saw unusually large options trading on Tuesday. Traders purchased 10,008 put options on the stock. This represents an increase of 626% compared to the typical daily volume of 1,378 put options.

iShares National Muni Bond ETF Stock Down 0.8 %

Shares of NYSEARCA:MUB opened at $106.31 on Thursday. iShares National Muni Bond ETF has a 1 year low of $105.37 and a 1 year high of $108.82. The business’s 50 day moving average price is $107.54 and its 200-day moving average price is $107.54.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Summit Global Investments boosted its holdings in shares of iShares National Muni Bond ETF by 10.2% during the 2nd quarter. Summit Global Investments now owns 4,739 shares of the exchange traded fund’s stock worth $505,000 after purchasing an additional 437 shares during the last quarter. XML Financial LLC grew its holdings in shares of iShares National Muni Bond ETF by 210.2% during the 2nd quarter. XML Financial LLC now owns 6,774 shares of the exchange traded fund’s stock worth $722,000 after purchasing an additional 4,590 shares during the period. Vicus Capital lifted its position in iShares National Muni Bond ETF by 0.4% in the second quarter. Vicus Capital now owns 177,237 shares of the exchange traded fund’s stock valued at $18,885,000 after buying an additional 639 shares during the last quarter. Exchange Capital Management Inc. boosted its stake in iShares National Muni Bond ETF by 27.8% during the second quarter. Exchange Capital Management Inc. now owns 11,320 shares of the exchange traded fund’s stock worth $1,206,000 after buying an additional 2,460 shares during the period. Finally, ONE Advisory Partners LLC raised its stake in shares of iShares National Muni Bond ETF by 9.3% in the 2nd quarter. ONE Advisory Partners LLC now owns 38,490 shares of the exchange traded fund’s stock valued at $4,101,000 after acquiring an additional 3,275 shares during the period.

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).