SPDR Nuveen Municipal Bond ETF (BATS:MBND) Declares Dividend of $0.07

SPDR Nuveen Municipal Bond ETF (BATS:MBND) announced a dividend on Friday, January 31st,NASDAQ Dividends reports. Investors of record on Monday, February 3rd will be given a dividend of 0.067 per share on Thursday, February 6th. The ex-dividend date is Monday, February 3rd. This is a positive change from SPDR Nuveen Municipal Bond ETF’s previous dividend of $0.06.

SPDR Nuveen Municipal Bond ETF Stock Performance

Shares of BATS MBND traded up $0.29 during mid-day trading on Friday, hitting $27.51. The company had a trading volume of 112 shares. The firm’s 50 day moving average price is $27.60 and its 200-day moving average price is $27.70.

SPDR Nuveen Municipal Bond ETF Company Profile

The SPDR Nuveen Municipal Bond ETF (MBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively-managed to invest in US municipal bonds with varying credit quality. The portfolio targets a weighted average maturity of 5-12 years. MBND was launched on Feb 3, 2021 and is managed by State Street.