iShares High Yield Muni Income Active ETF (BATS:HYMU) Stock Price Down 0.1% – Time to Sell?

iShares High Yield Muni Income Active ETF (BATS:HYMU) shares fell 0.1% on Monday . The company traded as low as $22.25 and last traded at $22.25. 131,979 shares were traded during trading, an increase of 15% from the average session volume of 114,555 shares. The stock had previously closed at $22.28.

iShares High Yield Muni Income Active ETF Price Performance

The firm’s 50-day simple moving average is $22.28 and its 200-day simple moving average is $22.21.

Institutional Trading of iShares High Yield Muni Income Active ETF

Several hedge funds have recently made changes to their positions in HYMU. Gradient Capital Advisors LLC purchased a new stake in shares of iShares High Yield Muni Income Active ETF during the 2nd quarter valued at approximately $773,000. Rye Brook Capital LLC purchased a new stake in iShares High Yield Muni Income Active ETF in the second quarter valued at $351,000. Weitzel Financial Services Inc. acquired a new position in shares of iShares High Yield Muni Income Active ETF in the 2nd quarter valued at $209,000. Private Trust Co. NA grew its holdings in shares of iShares High Yield Muni Income Active ETF by 590.4% during the 2nd quarter. Private Trust Co. NA now owns 7,484 shares of the company’s stock worth $167,000 after purchasing an additional 6,400 shares during the period. Finally, Tsfg LLC acquired a new stake in shares of iShares High Yield Muni Income Active ETF during the 2nd quarter worth about $50,000.

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.