iShares High Yield Muni Income Active ETF (BATS:HYMU) Stock Price Cross Above Two Hundred Day Moving Average – Here’s What Happened

iShares High Yield Muni Income Active ETF (BATS:HYMU) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $22.83 and traded as high as $23.05. iShares High Yield Muni Income Active ETF shares last traded at $22.97, with a volume of 134,471 shares traded.

iShares High Yield Muni Income Active ETF Price Performance

The firm has a 50 day moving average price of $23.00 and a 200 day moving average price of $22.83.

iShares High Yield Muni Income Active ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.0832 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from iShares High Yield Muni Income Active ETF’s previous dividend of $0.08.

Institutional Trading of iShares High Yield Muni Income Active ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ausdal Financial Partners Inc. grew its position in iShares High Yield Muni Income Active ETF by 8.5% in the second quarter. Ausdal Financial Partners Inc. now owns 15,798 shares of the company’s stock worth $358,000 after acquiring an additional 1,235 shares in the last quarter. Americana Partners LLC purchased a new stake in shares of iShares High Yield Muni Income Active ETF in the 2nd quarter worth $513,000. Quotient Wealth Partners LLC lifted its stake in iShares High Yield Muni Income Active ETF by 5.2% in the third quarter. Quotient Wealth Partners LLC now owns 242,044 shares of the company’s stock worth $5,611,000 after acquiring an additional 11,914 shares during the period. Natixis Advisors LLC purchased a new position in iShares High Yield Muni Income Active ETF during the second quarter valued at approximately $847,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares High Yield Muni Income Active ETF in the 3rd quarter valued at $405,000.

iShares High Yield Muni Income Active ETF Company Profile

The BlackRock High Yield Muni Income Bond ETF (HYMU) is an exchange-traded fund that is based on the BBG Barc Custom Blend index. The fund is actively managed to provide exposure to primarily high-yield US municipal bonds that are exempt from federal income tax. HYMU was launched on Mar 16, 2021 and is managed by BlackRock.