SPDR Nuveen ICE High Yield Municipal Bond ETF $HYMB Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 20.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 352,120 shares of the company’s stock after acquiring an additional 60,614 shares during the quarter. JPMorgan Chase & Co. owned 0.32% of SPDR Nuveen ICE High Yield Municipal Bond ETF worth $8,778,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HYMB. Ameriprise Financial Inc. lifted its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 50.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,729,543 shares of the company’s stock worth $43,148,000 after buying an additional 580,975 shares during the last quarter. Heartwood Wealth Advisors LLC grew its position in shares of 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 buying an additional 358,982 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 31.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 393,482 shares of the company’s stock valued at $9,810,000 after buying an additional 94,778 shares during the last quarter. Confluence Investment Management LLC raised its stake in SPDR Nuveen ICE High Yield Municipal Bond ETF by 159.6% during the third quarter. Confluence Investment Management LLC now owns 106,825 shares of the company’s stock worth $2,663,000 after acquiring an additional 65,668 shares during the period. Finally, First Horizon Corp bought a new position in SPDR Nuveen ICE High Yield Municipal Bond ETF in the third quarter worth about $1,289,000.

SPDR Nuveen ICE High Yield Municipal Bond ETF Price Performance

Shares of NYSEARCA HYMB opened at $24.61 on Monday. The firm’s 50-day moving average price is $25.11 and its two-hundred day moving average price is $25.06. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 52-week low of $23.51 and a 52-week high of $25.59.

SPDR Nuveen ICE High Yield Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.0921 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.