Truist Financial Corp Sells 23,201 Shares of BlackRock High Yield Muni Income Bond ETF (BATS:HYMU)

Truist Financial Corp cut its holdings in BlackRock High Yield Muni Income Bond ETF (BATS:HYMU) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 191,863 shares of the company’s stock after selling 23,201 shares during the period. Truist Financial Corp owned about 0.07% of BlackRock High Yield Muni Income Bond ETF worth $4,244,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Wetzel Investment Advisors Inc. bought a new stake in shares of BlackRock High Yield Muni Income Bond ETF in the 4th quarter worth about $195,000. New Capital Management LP purchased a new stake in BlackRock High Yield Muni Income Bond ETF in the 4th quarter worth about $247,000. Veracity Capital LLC bought a new stake in BlackRock High Yield Muni Income Bond ETF in the fourth quarter worth about $438,000. 1900 Wealth Management LLC purchased a new position in shares of BlackRock High Yield Muni Income Bond ETF during the fourth quarter valued at approximately $847,000. Finally, Atria Investments Inc boosted its holdings in BlackRock High Yield Muni Income Bond ETF by 1.3% during the 3rd quarter. Atria Investments Inc now owns 55,541 shares of the company’s stock valued at $1,136,000 after acquiring an additional 716 shares during the period.

BlackRock High Yield Muni Income Bond ETF Stock Performance

HYMU stock opened at $22.31 on Tuesday. The stock has a fifty day simple moving average of $22.23 and a two-hundred day simple moving average of $21.78.

BlackRock High Yield Muni Income Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.0811 dividend. The ex-dividend date of this dividend was Monday, April 1st.

About BlackRock High Yield Muni Income Bond ETF

The BlackRock High Yield Muni Income Bond ETF (HYMU) is an exchange-traded fund that is based on the BBG Barc Custom Blend index. The fund is actively managed to provide exposure to primarily high-yield US municipal bonds that are exempt from federal income tax. HYMU was launched on Mar 16, 2021 and is managed by BlackRock.