Ameriprise Financial Inc. Acquires 110,978 Shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB)

Ameriprise Financial Inc. increased its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 11.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,073,676 shares of the company’s stock after buying an additional 110,978 shares during the period. Ameriprise Financial Inc.’s holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF were worth $27,465,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 17.7% during the 4th quarter. Bank of New York Mellon Corp now owns 662,561 shares of the company’s stock worth $16,948,000 after purchasing an additional 99,676 shares during the last quarter. Parkside Investments LLC grew its holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 5.5% during the fourth quarter. Parkside Investments LLC now owns 502,900 shares of the company’s stock valued at $12,864,000 after purchasing an additional 26,150 shares during the period. Betterment LLC increased its position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 4.4% in the fourth quarter. Betterment LLC now owns 460,793 shares of the company’s stock worth $11,787,000 after buying an additional 19,249 shares during the last quarter. JPMorgan Chase & Co. increased its position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 14.7% in the fourth quarter. JPMorgan Chase & Co. now owns 458,158 shares of the company’s stock worth $11,720,000 after buying an additional 58,587 shares during the last quarter. Finally, OLD Mission Capital LLC raised its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 61.8% in the fourth quarter. OLD Mission Capital LLC now owns 165,517 shares of the company’s stock valued at $4,234,000 after buying an additional 63,217 shares during the period.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Price Performance

Shares of HYMB opened at $24.59 on Wednesday. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF has a fifty-two week low of $23.51 and a fifty-two week high of $26.33. The business has a 50-day moving average of $24.89 and a 200 day moving average of $25.47.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF 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.