SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) Sets New 12-Month High at $26.31

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) shares reached a new 52-week high on Wednesday . The stock traded as high as $26.31 and last traded at $26.26, with a volume of 537306 shares trading hands. The stock had previously closed at $26.25.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Price Performance

The firm’s 50 day moving average price is $25.95 and its 200-day moving average price is $25.64.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Naples Money Management LLC acquired a new position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 1st quarter valued at approximately $30,000. Transcendent Capital Group LLC acquired a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the fourth quarter valued at $40,000. Nemes Rush Group LLC lifted its position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 49.5% in the second quarter. Nemes Rush Group LLC now owns 2,365 shares of the company’s stock worth $60,000 after purchasing an additional 783 shares during the period. EverSource Wealth Advisors LLC lifted its position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 141.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,490 shares of the company’s stock worth $63,000 after purchasing an additional 1,457 shares during the period. Finally, Lynx Investment Advisory acquired a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the second quarter worth $94,000.

SPDR Nuveen Bloomberg 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.