iShares National Muni Bond ETF Sees Unusually Large Options Volume (NYSEARCA:MUB)

iShares National Muni Bond ETF (NYSEARCA:MUB) was the target of some unusual options trading on Tuesday. Investors acquired 11,517 call options on the company. This represents an increase of approximately 373% compared to the typical volume of 2,437 call options.

iShares National Muni Bond ETF Stock Up 0.2%

NYSEARCA:MUB opened at $106.97 on Thursday. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week high of $108.35. The stock has a fifty day simple moving average of $107.12 and a 200-day simple moving average of $105.38.

Hedge Funds Weigh In On iShares National Muni Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV lifted its position in iShares National Muni Bond ETF by 1.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 6,953 shares of the exchange traded fund’s stock worth $741,000 after buying an additional 93 shares during the period. BankPlus Wealth Management LLC lifted its holdings in shares of iShares National Muni Bond ETF by 1.9% during the 2nd quarter. BankPlus Wealth Management LLC now owns 5,443 shares of the exchange traded fund’s stock worth $569,000 after acquiring an additional 99 shares during the period. SWS Partners lifted its holdings in shares of iShares National Muni Bond ETF by 0.5% during the 3rd quarter. SWS Partners now owns 20,895 shares of the exchange traded fund’s stock worth $2,225,000 after acquiring an additional 99 shares during the period. Nvwm LLC boosted its position in shares of iShares National Muni Bond ETF by 2.2% in the third quarter. Nvwm LLC now owns 4,591 shares of the exchange traded fund’s stock worth $489,000 after acquiring an additional 100 shares during the last quarter. Finally, Investment Planning Advisors Inc. grew its holdings in iShares National Muni Bond ETF by 0.7% in the third quarter. Investment Planning Advisors Inc. now owns 13,583 shares of the exchange traded fund’s stock valued at $1,446,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

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).