Financial Management Professionals Inc. Acquires Shares of 47,096 SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB)

by · The Markets Daily

Financial Management Professionals Inc. acquired a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 47,096 shares of the company’s stock, valued at approximately $1,237,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Flow Traders U.S. LLC purchased a new position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 1st quarter worth approximately $6,542,000. Bank of New York Mellon Corp raised its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 29.5% in the second quarter. Bank of New York Mellon Corp now owns 485,507 shares of the company’s stock valued at $12,351,000 after buying an additional 110,642 shares during the last quarter. Parkside Investments LLC raised its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 31.5% in the second quarter. Parkside Investments LLC now owns 409,075 shares of the company’s stock valued at $10,407,000 after buying an additional 98,100 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the second quarter worth about $1,816,000. Finally, Asio Capital LLC purchased a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 3rd quarter valued at approximately $1,035,000.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Price Performance

NYSEARCA:HYMB opened at $25.85 on Friday. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF has a 12-month low of $23.07 and a 12-month high of $26.33. The stock’s 50 day simple moving average is $26.09 and its 200-day simple moving average is $25.75.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Company Profile

(Free Report)

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.

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