1900 Wealth Management LLC Makes New $847,000 Investment in BlackRock High Yield Muni Income Bond ETF (BATS:HYMU)

1900 Wealth Management LLC bought a new position in shares of BlackRock High Yield Muni Income Bond ETF (BATS:HYMU) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 38,300 shares of the company’s stock, valued at approximately $847,000. 1900 Wealth Management LLC owned 1.37% of BlackRock High Yield Muni Income Bond ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of HYMU. Commonwealth Equity Services LLC lifted its holdings in BlackRock High Yield Muni Income Bond ETF by 17.0% during the third quarter. Commonwealth Equity Services LLC now owns 58,914 shares of the company’s stock worth $1,205,000 after buying an additional 8,549 shares during the period. Atria Investments Inc increased its position in shares of BlackRock High Yield Muni Income Bond ETF by 1.3% during the third quarter. Atria Investments Inc now owns 55,541 shares of the company’s stock worth $1,136,000 after purchasing an additional 716 shares in the last quarter. Prentice Wealth Management LLC increased its position in shares of BlackRock High Yield Muni Income Bond ETF by 67.3% during the fourth quarter. Prentice Wealth Management LLC now owns 93,189 shares of the company’s stock worth $2,061,000 after purchasing an additional 37,490 shares in the last quarter. New Capital Management LP acquired a new position in shares of BlackRock High Yield Muni Income Bond ETF during the fourth quarter worth $247,000. Finally, Veracity Capital LLC acquired a new position in shares of BlackRock High Yield Muni Income Bond ETF during the fourth quarter worth $438,000.

BlackRock High Yield Muni Income Bond ETF Stock Performance

Shares of HYMU stock remained flat at $22.14 during trading hours on Tuesday. The stock had a trading volume of 9,701 shares. The stock has a fifty day moving average price of $22.20 and a two-hundred day moving average price of $21.65.

BlackRock High Yield Muni Income Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.0811 per share. The ex-dividend date was Monday, April 1st.

BlackRock High Yield Muni Income Bond 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.