SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) Hits New 1-Year High at $25.83

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $25.83 and last traded at $25.81, with a volume of 11696 shares trading hands. The stock had previously closed at $25.79.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Price Performance

The company’s 50 day simple moving average is $25.54 and its 200 day simple moving average is $25.42.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in HYMB. Confluence Investment Management LLC purchased a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 1st quarter worth approximately $6,816,000. Flow Traders U.S. LLC purchased a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 1st quarter worth approximately $6,542,000. CIBC Private Wealth Group LLC purchased a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 4th quarter worth approximately $5,254,000. Prime Capital Investment Advisors LLC purchased a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 4th quarter worth approximately $4,171,000. Finally, Legacy Financial Advisors Inc. bought a new position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter worth approximately $3,286,000.

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.