SPDR Nuveen Municipal Bond ETF (BATS:MBND) Announces Dividend Increase – $0.07 Per Share

SPDR Nuveen Municipal Bond ETF (BATS:MBND) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.0696 per share on Thursday, March 6th. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from SPDR Nuveen Municipal Bond ETF’s previous dividend of $0.07.

SPDR Nuveen Municipal Bond ETF Stock Up 0.2 %

Shares of BATS:MBND traded up $0.06 on Friday, hitting $27.86. The company had a trading volume of 36 shares, compared to its average volume of 4,726. SPDR Nuveen Municipal Bond ETF has a 52-week low of $27.08 and a 52-week high of $28.22. The business has a 50 day moving average of $27.51 and a 200 day moving average of $27.69.

About SPDR Nuveen Municipal Bond ETF

The SPDR Nuveen Municipal Bond ETF (MBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively-managed to invest in US municipal bonds with varying credit quality. The portfolio targets a weighted average maturity of 5-12 years. MBND was launched on Feb 3, 2021 and is managed by State Street.