Bank of New York Mellon Corp boosted its position in SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB – Free Report) by 16.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,294,400 shares of the company’s stock after purchasing an additional 185,966 shares during the quarter. Bank of New York Mellon Corp’s holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF were worth $32,101,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HYMB. JDM Financial Group LLC bought a new position in SPDR Nuveen ICE High Yield Municipal Bond ETF during the 4th quarter worth $38,000. Basepoint Wealth LLC bought a new stake in SPDR Nuveen ICE High Yield Municipal Bond ETF in the 4th quarter valued at about $114,000. Morton Brown Family Wealth LLC acquired a new position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF during the 1st quarter worth approximately $122,000. IMA Advisory Services Inc. grew its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 18.0% during the 4th quarter. IMA Advisory Services Inc. now owns 7,921 shares of the company’s stock worth $198,000 after purchasing an additional 1,211 shares in the last quarter. Finally, Manning & Napier Advisors LLC increased its holdings in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 15.0% during the fourth quarter. Manning & Napier Advisors LLC now owns 11,268 shares of the company’s stock worth $281,000 after purchasing an additional 1,467 shares during the period.
SPDR Nuveen ICE High Yield Municipal Bond ETF Stock Performance
NYSEARCA HYMB opened at $24.88 on Monday. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 1-year low of $24.03 and a 1-year high of $25.49. The company has a 50 day moving average of $25.18 and a 200-day moving average of $25.12.
SPDR Nuveen ICE 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.
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