iShares High Yield Muni Income Active ETF (BATS:HYMU) Shares Up 0.1% – Still a Buy?

iShares High Yield Muni Income Active ETF (BATS:HYMU) traded up 0.1% during mid-day trading on Thursday . The stock traded as high as $22.4699 and last traded at $22.46. 153,505 shares were traded during trading, an increase of 34% from the average session volume of 114,555 shares. The stock had previously closed at $22.44.

iShares High Yield Muni Income Active ETF Trading Up 0.1%

The business has a 50-day simple moving average of $22.32 and a two-hundred day simple moving average of $22.26.

Hedge Funds Weigh In On iShares High Yield Muni Income Active ETF

Hedge funds have recently bought and sold shares of the business. Weitzel Financial Services Inc. bought a new position in shares of iShares High Yield Muni Income Active ETF during the second quarter worth approximately $209,000. FourThought Financial Partners LLC lifted its holdings in shares of iShares High Yield Muni Income Active ETF by 1.4% during the 2nd quarter. FourThought Financial Partners LLC now owns 112,742 shares of the company’s stock worth $2,515,000 after acquiring an additional 1,520 shares during the period. Finally, Tsfg LLC acquired a new position in iShares High Yield Muni Income Active ETF during the second quarter valued at approximately $50,000.

iShares High Yield Muni Income Active ETF Company Profile

The BlackRock High Yield Muni Income Bond ETF (HYMU) is an exchange-traded fund that is based on the BBG Barc Custom Blend index. The fund is actively managed to provide exposure to primarily high-yield US municipal bonds that are exempt from federal income tax. HYMU was launched on Mar 16, 2021 and is managed by BlackRock.