Missouri Trust & Investment Co Acquires 14,100 Shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB)

Missouri Trust & Investment Co grew its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 71.9% in the third quarter, HoldingsChannel.com reports. The firm owned 33,700 shares of the company’s stock after purchasing an additional 14,100 shares during the period. Missouri Trust & Investment Co’s holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF were worth $885,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kennebec Savings Bank purchased a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the third quarter valued at about $25,000. GAMMA Investing LLC bought a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 3rd quarter worth approximately $41,000. Nemes Rush Group LLC boosted its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 49.5% in the 2nd quarter. Nemes Rush Group LLC now owns 2,365 shares of the company’s stock worth $60,000 after buying an additional 783 shares during the last quarter. Lynx Investment Advisory bought a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the second quarter worth $94,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 2nd quarter worth $187,000.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Stock Performance

NYSEARCA HYMB traded down $0.03 during trading hours on Tuesday, reaching $25.84. 188,569 shares of the company were exchanged, compared to its average volume of 968,451. The business’s 50 day simple moving average is $26.05 and its 200-day simple moving average is $25.80. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF has a 1 year low of $23.81 and a 1 year high of $26.33.

SPDR Nuveen Bloomberg 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.