SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) Sets New 52-Week High at $26.31

Shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) hit a new 52-week high during trading on Monday . The stock traded as high as $26.31 and last traded at $26.31, with a volume of 569457 shares trading hands. The stock had previously closed at $26.21.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Trading Up 0.2 %

The stock’s 50-day simple moving average is $26.00 and its two-hundred day simple moving average is $25.68.

Institutional Trading of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Foster & Motley Inc. boosted its holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 6.3% during the second quarter. Foster & Motley Inc. now owns 10,631 shares of the company’s stock valued at $270,000 after purchasing an additional 626 shares in the last quarter. Hilltop Partners LLC grew its position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 5.6% in the second quarter. Hilltop Partners LLC now owns 11,289 shares of the company’s stock valued at $287,000 after acquiring an additional 603 shares during the period. Lynx Investment Advisory bought a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the second quarter valued at $94,000. Confluence Investment Management LLC bought a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the first quarter valued at $6,816,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at $5,254,000.

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.