Jane Street Group LLC Makes New Investment in ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD)

Jane Street Group LLC bought a new stake in shares of ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,809 shares of the company’s stock, valued at approximately $204,000. Jane Street Group LLC owned about 0.62% of ALPS Intermediate Municipal Bond ETF at the end of the most recent quarter.

ALPS Intermediate Municipal Bond ETF Stock Performance

NYSEARCA:MNBD opened at $25.44 on Monday. The business has a 50 day simple moving average of $25.75 and a 200 day simple moving average of $25.85. ALPS Intermediate Municipal Bond ETF has a 12-month low of $25.30 and a 12-month high of $26.18.

ALPS Intermediate Municipal Bond ETF Profile

The ALPS Intermediate Municipal Bond ETF (MNBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide exposure to investment-grade, intermediate-term municipal bonds that are exempt from federal income tax. MNBD was launched on May 19, 2022 and is managed by ALPS.