Janney Montgomery Scott LLC Buys 45,287 Shares of iShares High Yield Muni Income Active ETF $SHYM

Janney Montgomery Scott LLC grew its stake in shares of iShares High Yield Muni Income Active ETF (BATS:SHYM) by 117.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 84,006 shares of the company’s stock after buying an additional 45,287 shares during the period. Janney Montgomery Scott LLC owned approximately 0.56% of iShares High Yield Muni Income Active ETF worth $1,850,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SHYM. Advisory Services Network LLC increased its stake in shares of iShares High Yield Muni Income Active ETF by 11.7% in the 4th quarter. Advisory Services Network LLC now owns 14,351 shares of the company’s stock valued at $319,000 after acquiring an additional 1,502 shares during the last quarter. Wealth Advisors of Tampa Bay LLC bought a new position in iShares High Yield Muni Income Active ETF during the 4th quarter worth approximately $1,000,000. FourThought Financial Partners LLC boosted its stake in iShares High Yield Muni Income Active ETF by 0.4% during the 4th quarter. FourThought Financial Partners LLC now owns 106,073 shares of the company’s stock worth $2,357,000 after acquiring an additional 474 shares during the last quarter. Tsfg LLC boosted its stake in iShares High Yield Muni Income Active ETF by 22.2% during the 4th quarter. Tsfg LLC now owns 2,750 shares of the company’s stock worth $61,000 after acquiring an additional 500 shares during the last quarter. Finally, Weitzel Financial Services Inc. grew its holdings in iShares High Yield Muni Income Active ETF by 72.2% during the fourth quarter. Weitzel Financial Services Inc. now owns 16,306 shares of the company’s stock valued at $363,000 after purchasing an additional 6,836 shares during the period.

iShares High Yield Muni Income Active ETF Stock Up 0.0%

Shares of BATS:SHYM opened at $22.33 on Friday. iShares High Yield Muni Income Active ETF has a 52 week low of $21.90 and a 52 week high of $22.53. The company has a 50 day moving average price of $22.27 and a two-hundred day moving average price of $22.27.

About iShares High Yield Muni Income Active ETF

The iShares High Yield Muni Income Active ETF (SHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to provide exposure to primarily high-yield US municipal bonds that are exempt from federal income tax. SHYM was launched on Mar 16, 2021 and is issued by BlackRock.