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

iShares National Muni Bond ETF (NYSEARCA:MUB) was the recipient of some unusual options trading activity on Thursday. Investors purchased 5,798 put options on the stock. This represents an increase of 254% compared to the typical daily volume of 1,637 put options.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $105.86 on Friday. The company’s fifty day simple moving average is $106.52 and its 200-day simple moving average is $107.24. iShares National Muni Bond ETF has a twelve month low of $105.00 and a twelve month high of $108.81.

Institutional Trading of iShares National Muni Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Integrity Financial Corp WA purchased a new stake in iShares National Muni Bond ETF in the 4th quarter valued at about $25,000. Advantage Trust Co purchased a new stake in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $26,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares National Muni Bond ETF in the fourth quarter worth approximately $26,000. National Bank of Canada FI increased its holdings in iShares National Muni Bond ETF by 346.7% during the 4th quarter. National Bank of Canada FI now owns 268 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 208 shares during the period. Finally, New Millennium Group LLC increased its holdings in iShares National Muni Bond ETF by 103.5% during the 4th quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 148 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).