SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) Sets New 1-Year Low – What’s Next?

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as $25.08 and last traded at $25.11, with a volume of 295205 shares traded. The stock had previously closed at $25.20.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Stock Down 0.4 %

The firm has a 50 day moving average price of $25.71 and a 200 day moving average price of $25.85.

Institutional Investors Weigh In On SPDR Nuveen Bloomberg High Yield Municipal Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Strategic Wealth Investment Group LLC bought a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter worth $48,000. AdvisorNet Financial Inc grew its position in 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 worth $58,000 after purchasing an additional 617 shares in the last quarter. Nemes Rush Group LLC increased its stake in 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 buying an additional 1,854 shares during the last quarter. Pathway Financial Advisers LLC purchased a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at about $103,000. Finally, Summit Financial LLC bought a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 4th quarter worth approximately $201,000.

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.