AdvisorNet Financial Inc lifted its holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB – Free Report) by 37.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,284 shares of the company’s stock after acquiring an additional 617 shares during the quarter. AdvisorNet Financial Inc’s holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF were worth $58,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 91.7% in the third quarter. JPMorgan Chase & Co. now owns 399,571 shares of the company’s stock valued at $10,497,000 after purchasing an additional 191,179 shares during the period. Financial Management Professionals Inc. purchased a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the third quarter worth about $1,237,000. Asio Capital LLC purchased a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the third quarter worth about $1,035,000. Farther Finance Advisors LLC raised its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 63.5% during the third quarter. Farther Finance Advisors LLC now owns 85,749 shares of the company’s stock worth $2,253,000 after purchasing an additional 33,288 shares during the period. Finally, Missouri Trust & Investment Co raised its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 71.9% during the third quarter. Missouri Trust & Investment Co now owns 33,700 shares of the company’s stock worth $885,000 after purchasing an additional 14,100 shares during the period.
SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Trading Up 0.4 %
Shares of HYMB opened at $25.53 on Friday. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF has a 1-year low of $24.89 and a 1-year high of $26.33. The firm has a 50-day simple moving average of $25.78 and a two-hundred day simple moving average of $25.90.
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.
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