Janney Montgomery Scott LLC Has $1.33 Million Stock Position in State Street Nuveen Municipal Bond ETF $MBND

Janney Montgomery Scott LLC increased its holdings in shares of State Street Nuveen Municipal Bond ETF (BATS:MBND) by 183.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 48,918 shares of the company’s stock after purchasing an additional 31,635 shares during the period. Janney Montgomery Scott LLC owned 4.66% of State Street Nuveen Municipal Bond ETF worth $1,329,000 as of its most recent filing with the SEC.

Separately, PNC Financial Services Group Inc. lifted its position in shares of State Street Nuveen Municipal Bond ETF by 32.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 12,294 shares of the company’s stock valued at $336,000 after buying an additional 2,997 shares during the last quarter.

State Street Nuveen Municipal Bond ETF Stock Performance

Shares of BATS MBND remained flat at $27.19 during midday trading on Friday. The stock had a trading volume of 789 shares, compared to its average volume of 5,739. State Street Nuveen Municipal Bond ETF has a one year low of $25.82 and a one year high of $27.86. The business has a 50 day moving average of $27.23 and a 200 day moving average of $27.35.

About State Street Nuveen Municipal Bond ETF

The SPDR Nuveen Municipal Bond ETF (MBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively-managed to invest in US municipal bonds with varying credit quality. The portfolio targets a weighted average maturity of 5-12 years. MBND was launched on Feb 3, 2021 and is managed by State Street.