Strategic Financial Concepts LLC Invests $124,000 in ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD)

Strategic Financial Concepts LLC bought a new position in ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 486,133 shares of the company’s stock, valued at approximately $124,000. Strategic Financial Concepts LLC owned about 38.89% of ALPS Intermediate Municipal Bond ETF at the end of the most recent reporting period.

Separately, Jane Street Group LLC bought a new stake in shares of ALPS Intermediate Municipal Bond ETF in the 3rd quarter worth approximately $204,000.

ALPS Intermediate Municipal Bond ETF Stock Performance

Shares of ALPS Intermediate Municipal Bond ETF stock opened at $25.58 on Thursday. The business has a 50 day moving average of $25.62 and a 200 day moving average of $25.82. ALPS Intermediate Municipal Bond ETF has a 52 week low of $25.30 and a 52 week high of $26.18.

ALPS Intermediate Municipal Bond ETF Company 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.