iShares High Yield Muni Active ETF (BATS:HIMU) Reaches New 12-Month High – Should You Buy?

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

iShares High Yield Muni Active ETF Stock Up 0.2%

The business’s 50 day simple moving average is $48.84 and its 200-day simple moving average is $48.77.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Thoroughbred Financial Services LLC increased its holdings in iShares High Yield Muni Active ETF by 2.0% in the fourth quarter. Thoroughbred Financial Services LLC now owns 10,538 shares of the company’s stock valued at $512,000 after purchasing an additional 205 shares during the last quarter. First Horizon Corp raised its position in shares of iShares High Yield Muni Active ETF by 21.2% in the 4th quarter. First Horizon Corp now owns 1,465 shares of the company’s stock valued at $71,000 after acquiring an additional 256 shares during the period. Cornerstone Planning Group LLC boosted its stake in iShares High Yield Muni Active ETF by 3.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 9,995 shares of the company’s stock worth $490,000 after acquiring an additional 329 shares during the last quarter. GGM Financials LLC grew its holdings in iShares High Yield Muni Active ETF by 3.4% during the fourth quarter. GGM Financials LLC now owns 12,936 shares of the company’s stock valued at $630,000 after purchasing an additional 427 shares during the period. Finally, Synergy Investment Management LLC grew its holdings in iShares High Yield Muni Active ETF by 4.3% during the fourth quarter. Synergy Investment Management LLC now owns 10,984 shares of the company’s stock valued at $535,000 after purchasing an additional 454 shares during the period.

About iShares High Yield Muni Active ETF

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.