SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) Short Interest Update

SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 142,323 shares, an increase of 52.3% from the January 29th total of 93,438 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 741,853 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 741,853 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On SPDR Nuveen ICE High Yield Municipal Bond ETF

A number of institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. lifted its stake in SPDR Nuveen ICE High Yield Municipal Bond ETF by 50.6% in the third quarter. Ameriprise Financial Inc. now owns 1,729,543 shares of the company’s stock worth $43,148,000 after purchasing an additional 580,975 shares during the last quarter. Heartwood Wealth Advisors LLC boosted its holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF by 977.8% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 395,696 shares of the company’s stock valued at $9,865,000 after acquiring an additional 358,982 shares during the period. Bank of New York Mellon Corp grew its position in SPDR Nuveen ICE High Yield Municipal Bond ETF by 14.6% during the 4th quarter. Bank of New York Mellon Corp now owns 1,108,434 shares of the company’s stock worth $27,644,000 after acquiring an additional 141,292 shares during the last quarter. Farther Finance Advisors LLC increased its stake in SPDR Nuveen ICE High Yield Municipal Bond ETF by 31.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 393,482 shares of the company’s stock worth $9,810,000 after purchasing an additional 94,778 shares during the period. Finally, Diversified Portfolios Inc. bought a new stake in SPDR Nuveen ICE High Yield Municipal Bond ETF in the second quarter valued at approximately $2,020,000.

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

HYMB opened at $25.45 on Friday. The stock has a 50-day moving average price of $25.12 and a 200-day moving average price of $24.96. 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 Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.0955 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, February 2nd.

SPDR Nuveen ICE 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.