SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) Shares Bought by Baird Financial Group Inc.

Baird Financial Group Inc. raised its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 42.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,762 shares of the company’s stock after purchasing an additional 33,443 shares during the period. Baird Financial Group Inc.’s holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF were worth $2,884,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Strategic Wealth Investment Group LLC acquired a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at about $48,000. AdvisorNet Financial Inc increased its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 37.0% in the 4th quarter. AdvisorNet Financial Inc now owns 2,284 shares of the company’s stock valued at $58,000 after acquiring an additional 617 shares during the last quarter. Nemes Rush Group LLC increased its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 117.2% in the 4th quarter. Nemes Rush Group LLC now owns 3,436 shares of the company’s stock valued at $88,000 after acquiring an additional 1,854 shares during the last quarter. Pathway Financial Advisers LLC purchased a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at about $103,000. Finally, Summit Financial LLC purchased a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at about $201,000.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Trading Down 0.2%

HYMB opened at $24.55 on Monday. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF has a one year low of $23.51 and a one year high of $26.33. The business’s 50-day simple moving average is $24.94 and its 200-day simple moving average is $25.49.

About SPDR Nuveen Bloomberg High Yield Municipal Bond ETF

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.