iShares High Yield Muni Active ETF (BATS:HIMU) Reaches New 52-Week High – Still a Buy?

iShares High Yield Muni Active ETF (BATS:HIMU)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $49.62 and last traded at $49.62, with a volume of 28636 shares trading hands. The stock had previously closed at $49.38.

iShares High Yield Muni Active ETF Price Performance

The stock has a 50-day moving average of $48.82 and a 200 day moving average of $48.77.

Institutional Investors Weigh In On iShares High Yield Muni Active ETF

A number of hedge funds have recently made changes to their positions in HIMU. Arkadios Wealth Advisors boosted its position in iShares High Yield Muni Active ETF by 14.5% in the first quarter. Arkadios Wealth Advisors now owns 13,243 shares of the company’s stock valued at $635,000 after buying an additional 1,673 shares in the last quarter. Bessemer Group Inc. bought a new position in shares of iShares High Yield Muni Active ETF in the 1st quarter valued at $144,000. Manning & Napier Advisors LLC acquired a new stake in shares of iShares High Yield Muni Active ETF during the 1st quarter valued at $255,000. Ascentis Independent Advisors acquired a new stake in shares of iShares High Yield Muni Active ETF during the 1st quarter valued at $33,000. Finally, Janney Montgomery Scott LLC grew its position in iShares High Yield Muni Active ETF by 5.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 121,906 shares of the company’s stock worth $5,849,000 after acquiring an additional 5,757 shares during the last quarter.

iShares High Yield Muni Active ETF Company Profile

The iShares High Yield Muni Active ETF (HIMU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking to provide a high level of income exempt from federal income tax through high-yield US municipal bonds. HIMU was launched on Feb 7, 2025 and is issued by BlackRock.