iShares High Yield Muni Income Active ETF (BATS:HYMU) Trading Up 0% – Should You Buy?

iShares High Yield Muni Income Active ETF (BATS:HYMU) were up 0% during mid-day trading on Tuesday . The stock traded as high as $22.26 and last traded at $22.25. Approximately 120,948 shares changed hands during trading, an increase of 6% from the average daily volume of 114,555 shares. The stock had previously closed at $22.24.

iShares High Yield Muni Income Active ETF Price Performance

The stock’s 50-day moving average is $22.09 and its 200 day moving average is $22.27.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. FourThought Financial Partners LLC boosted its stake in shares of iShares High Yield Muni Income Active ETF by 1.4% during the 2nd quarter. FourThought Financial Partners LLC now owns 112,742 shares of the company’s stock worth $2,515,000 after acquiring an additional 1,520 shares in the last quarter. Tolleson Wealth Management Inc. purchased a new stake in shares of iShares High Yield Muni Income Active ETF during the fourth quarter valued at $1,531,000. Gradient Capital Advisors LLC acquired a new position in shares of iShares High Yield Muni Income Active ETF in the 2nd quarter valued at $773,000. Rye Brook Capital LLC acquired a new position in shares of iShares High Yield Muni Income Active ETF in the 2nd quarter valued at $351,000. Finally, Farther Finance Advisors LLC purchased a new position in iShares High Yield Muni Income Active ETF in the 1st quarter worth about $332,000.

About iShares High Yield Muni Income Active 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.