Confluence Investment Management LLC Acquires 65,668 Shares of SPDR Nuveen ICE High Yield Municipal Bond ETF $HYMB

Confluence Investment Management LLC raised its holdings in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 159.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,825 shares of the company’s stock after buying an additional 65,668 shares during the period. Confluence Investment Management LLC owned about 0.10% of SPDR Nuveen ICE High Yield Municipal Bond ETF worth $2,663,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Heartwood Wealth Advisors LLC increased its stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 977.8% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 395,696 shares of the company’s stock worth $9,865,000 after purchasing an additional 358,982 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF by 67.2% during the second quarter. Farther Finance Advisors LLC now owns 298,704 shares of the company’s stock valued at $7,402,000 after purchasing an additional 120,012 shares during the period. Bank of New York Mellon Corp increased its position in SPDR Nuveen ICE High Yield Municipal Bond ETF by 12.2% in the second quarter. Bank of New York Mellon Corp now owns 836,993 shares of the company’s stock worth $20,741,000 after buying an additional 90,932 shares in the last quarter. Diversified Portfolios Inc. bought a new position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF in the second quarter worth about $2,020,000. Finally, Keystone Global Partners LLC lifted its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 25.1% during the 2nd quarter. Keystone Global Partners LLC now owns 182,140 shares of the company’s stock valued at $4,513,000 after buying an additional 36,548 shares in the last quarter.

SPDR Nuveen ICE High Yield Municipal Bond ETF Trading Down 0.0%

Shares of NYSEARCA:HYMB opened at $24.95 on Wednesday. The stock has a 50 day moving average of $25.11 and a 200 day moving average of $24.75. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 12-month low of $23.51 and a 12-month high of $26.06.

SPDR Nuveen ICE High Yield Municipal Bond ETF 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.