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

iShares National Muni Bond ETF (NYSEARCA:MUB) saw unusually large options trading activity on Tuesday. Stock investors acquired 10,088 put options on the company. This is an increase of 1,164% compared to the typical daily volume of 798 put options.

Hedge Funds Weigh In On iShares National Muni Bond ETF

Several institutional investors have recently modified their holdings of the company. Checchi Capital Advisers LLC lifted its holdings in iShares National Muni Bond ETF by 21.5% in the first quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock worth $5,013,000 after purchasing an additional 8,356 shares during the period. Aegis Wealth Management Inc. acquired a new position in iShares National Muni Bond ETF during the 4th quarter valued at about $552,000. LJI Wealth Management LLC raised its position in shares of iShares National Muni Bond ETF by 159.5% during the 4th quarter. LJI Wealth Management LLC now owns 10,791 shares of the exchange traded fund’s stock worth $1,156,000 after buying an additional 6,632 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares National Muni Bond ETF by 1.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,336,158 shares of the exchange traded fund’s stock worth $785,776,000 after buying an additional 78,489 shares in the last quarter. Finally, Triad Wealth Partners LLC raised its position in shares of iShares National Muni Bond ETF by 44.0% during the 1st quarter. Triad Wealth Partners LLC now owns 100,580 shares of the exchange traded fund’s stock worth $10,677,000 after buying an additional 30,724 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.9%

NYSEARCA:MUB traded down $0.90 during midday trading on Tuesday, reaching $104.20. 4,970,101 shares of the company traded hands, compared to its average volume of 3,795,967. The company has a fifty day moving average price of $106.27 and a 200 day moving average price of $106.81. iShares National Muni Bond ETF has a twelve month low of $103.86 and a twelve month high of $109.00.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.