22,608 Shares in ALPS Intermediate Municipal Bond ETF $MNBD Acquired by Truist Financial Corp

Truist Financial Corp purchased a new position in shares of ALPS Intermediate Municipal Bond ETF (NYSEARCA:MNBD) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 22,608 shares of the company’s stock, valued at approximately $575,000. Truist Financial Corp owned about 1.51% of ALPS Intermediate Municipal Bond ETF at the end of the most recent reporting period.

Separately, Strategic Financial Concepts LLC grew its position in ALPS Intermediate Municipal Bond ETF by 32.7% during the 1st quarter. Strategic Financial Concepts LLC now owns 24,325 shares of the company’s stock worth $619,000 after acquiring an additional 5,995 shares during the last quarter.

ALPS Intermediate Municipal Bond ETF Stock Up 0.1%

NYSEARCA:MNBD opened at $25.97 on Thursday. The stock’s fifty day moving average price is $25.72 and its two-hundred day moving average price is $25.45. ALPS Intermediate Municipal Bond ETF has a 52-week low of $24.55 and a 52-week high of $26.06.

ALPS Intermediate Municipal Bond ETF 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.