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

iShares National Muni Bond ETF (NYSEARCA:MUB) saw unusually large options trading on Friday. Stock investors acquired 6,109 call options on the stock. This represents an increase of 305% compared to the average daily volume of 1,507 call options.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $107.68 on Friday. iShares National Muni Bond ETF has a 52-week low of $105.00 and a 52-week high of $108.81. The business has a fifty day moving average of $106.51 and a two-hundred day moving average of $107.34.

Hedge Funds Weigh In On iShares National Muni Bond ETF

Hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC boosted its stake in iShares National Muni Bond ETF by 719.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 108,460 shares of the exchange traded fund’s stock worth $11,561,000 after buying an additional 95,221 shares during the period. Joel Isaacson & Co. LLC lifted 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 acquiring an additional 4,892 shares during the last quarter. Ameritas Advisory Services LLC boosted 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 worth $567,000 after purchasing an additional 3,261 shares during the period. Appleton Partners Inc. MA increased its holdings in 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 purchasing an additional 14,387 shares during the last quarter. Finally, Financial Life Advisors raised its position in iShares National Muni Bond ETF by 2.1% in the fourth quarter. Financial Life Advisors now owns 51,290 shares of the exchange traded fund’s stock valued at $5,465,000 after purchasing an additional 1,065 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).