Investors Purchase High Volume of Put Options on iShares National Muni Bond ETF (NYSEARCA:MUB)

iShares National Muni Bond ETF (NYSEARCA:MUB) saw some unusual options trading activity on Tuesday. Investors bought 10,008 put options on the company. This represents an increase of 626% compared to the typical daily volume of 1,378 put options.

iShares National Muni Bond ETF Stock Down 0.3 %

iShares National Muni Bond ETF stock opened at $107.18 on Wednesday. iShares National Muni Bond ETF has a fifty-two week low of $105.37 and a fifty-two week high of $108.82. The firm’s fifty day moving average price is $107.57 and its 200-day moving average price is $107.55.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Breakwater Investment Management boosted its stake in iShares National Muni Bond ETF by 1,377.4% in the second quarter. Breakwater Investment Management now owns 4,373 shares of the exchange traded fund’s stock worth $466,000 after buying an additional 4,077 shares in the last quarter. Foster & Motley Inc. boosted its stake in shares of iShares National Muni Bond ETF by 6.0% in the 2nd quarter. Foster & Motley Inc. now owns 66,009 shares of the exchange traded fund’s stock valued at $7,033,000 after purchasing an additional 3,729 shares in the last quarter. Creative Planning grew its holdings in shares of iShares National Muni Bond ETF by 6.1% during the 3rd quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock valued at $1,371,734,000 after purchasing an additional 723,492 shares during the last quarter. Principal Financial Group Inc. bought a new position in shares of iShares National Muni Bond ETF during the 3rd quarter valued at $263,000. Finally, HB Wealth Management LLC raised its position in iShares National Muni Bond ETF by 57.9% in the 2nd quarter. HB Wealth Management LLC now owns 3,347 shares of the exchange traded fund’s stock worth $357,000 after purchasing an additional 1,227 shares during the period.

iShares National Muni Bond ETF Company Profile

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).