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

iShares National Muni Bond ETF (NYSEARCA:MUB) saw some unusual options trading on Friday. Investors bought 6,109 call options on the stock. This represents an increase of approximately 305% compared to the typical daily volume of 1,507 call options.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $107.68 on Friday. The firm has a fifty day simple moving average of $106.51 and a 200-day simple moving average of $107.34. iShares National Muni Bond ETF has a 1-year low of $105.00 and a 1-year high of $108.81.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Brooklyn FI LLC boosted its stake in iShares National Muni Bond ETF by 6,306.0% during the 4th quarter. Brooklyn FI LLC now owns 6,966,465 shares of the exchange traded fund’s stock valued at $748,438,000 after purchasing an additional 6,857,716 shares during the period. Bank of America Corp DE boosted its holdings in iShares National Muni Bond ETF by 20.7% in the 4th quarter. Bank of America Corp DE now owns 30,881,189 shares of the exchange traded fund’s stock valued at $3,290,391,000 after purchasing an additional 5,297,542 shares during the period. Life Planning Partners Inc grew its position in iShares National Muni Bond ETF by 10,274.8% in the 4th quarter. Life Planning Partners Inc now owns 3,676,931 shares of the exchange traded fund’s stock worth $391,777,000 after purchasing an additional 3,641,490 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares National Muni Bond ETF by 27.1% during the 4th quarter. LPL Financial LLC now owns 9,636,610 shares of the exchange traded fund’s stock worth $1,026,781,000 after purchasing an additional 2,053,687 shares during the period. Finally, US Bancorp DE raised its position in shares of iShares National Muni Bond ETF by 37.2% during the third quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock valued at $744,716,000 after buying an additional 1,859,907 shares during the last quarter.

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).