SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) Trading Up 0.3% – Here’s Why

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) was up 0.3% during mid-day trading on Thursday . The stock traded as high as $25.47 and last traded at $25.46. Approximately 1,391,136 shares changed hands during trading, an increase of 44% from the average daily volume of 965,546 shares. The stock had previously closed at $25.39.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Price Performance

The business’s 50 day moving average is $25.91 and its 200-day moving average is $25.91.

Institutional Trading of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF

Several large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 91.7% during the third quarter. JPMorgan Chase & Co. now owns 399,571 shares of the company’s stock worth $10,497,000 after acquiring an additional 191,179 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 7.3% in the 3rd quarter. Private Trust Co. NA now owns 47,481 shares of the company’s stock valued at $1,247,000 after purchasing an additional 3,232 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 31.8% during the 3rd quarter. Avior Wealth Management LLC now owns 9,974 shares of the company’s stock valued at $262,000 after purchasing an additional 2,405 shares during the last quarter. Missouri Trust & Investment Co increased its position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 71.9% during the 3rd quarter. Missouri Trust & Investment Co now owns 33,700 shares of the company’s stock worth $885,000 after purchasing an additional 14,100 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 4.7% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 189,312 shares of the company’s stock valued at $4,973,000 after purchasing an additional 8,540 shares during the last quarter.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Company Profile

The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) is an exchange-traded fund that is based on the S&P Municipal Yield index. The fund tracks a market-value-weighted index of high-yield and investment grade fixed-rate municipal US bonds with at least a year to maturity. HYMB was launched on Apr 13, 2011 and is managed by State Street.