SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) Trading 0.3% Higher – What’s Next?

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) shares rose 0.3% during trading on Thursday . The company 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 has a fifty day moving average price of $25.88 and a two-hundred day moving average price of $25.91.

Institutional Trading of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kennebec Savings Bank acquired a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the third quarter worth about $25,000. GAMMA Investing LLC acquired a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 3rd quarter worth $41,000. Nemes Rush Group LLC grew its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 49.5% during the second quarter. Nemes Rush Group LLC now owns 2,365 shares of the company’s stock worth $60,000 after buying an additional 783 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 2nd quarter valued at about $187,000. Finally, Avior Wealth Management LLC lifted its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 31.8% in the 3rd quarter. Avior Wealth Management LLC now owns 9,974 shares of the company’s stock worth $262,000 after purchasing an additional 2,405 shares in 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.