Traders Purchase Large Volume of iShares National Muni Bond ETF Put Options (NYSEARCA:MUB)

iShares National Muni Bond ETF (NYSEARCA:MUB) was the target of unusually large options trading on Tuesday. Stock investors purchased 10,015 put options on the company. This represents an increase of approximately 285% compared to the average daily volume of 2,602 put options.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC grew its holdings in iShares National Muni Bond ETF by 719.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 108,460 shares of the exchange traded fund’s stock valued at $11,561,000 after buying an additional 95,221 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of iShares National Muni Bond ETF by 6.4% in the 4th quarter. Principal Financial Group Inc. now owns 2,578 shares of the exchange traded fund’s stock worth $275,000 after buying an additional 156 shares in the last quarter. Joel Isaacson & Co. LLC increased its holdings in shares of iShares National Muni Bond ETF by 14.5% in the 4th quarter. Joel Isaacson & Co. LLC now owns 38,576 shares of the exchange traded fund’s stock worth $4,110,000 after buying an additional 4,892 shares during the last quarter. Ameritas Advisory Services LLC raised its position in shares of iShares National Muni Bond ETF by 158.5% during the 4th quarter. Ameritas Advisory Services LLC now owns 5,319 shares of the exchange traded fund’s stock valued at $567,000 after buying an additional 3,261 shares in the last quarter. Finally, Appleton Partners Inc. MA lifted its holdings in shares of iShares National Muni Bond ETF by 352.8% in the 4th quarter. Appleton Partners Inc. MA now owns 18,465 shares of the exchange traded fund’s stock valued at $1,967,000 after acquiring an additional 14,387 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $103.32 on Thursday. The stock’s 50-day simple moving average is $106.00 and its 200-day simple moving average is $106.78. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.81.

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).