Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) Stock Short Interest Report for September

Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 441 shares, a growth of 530.0% from the September 15th total of 70 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 28,094 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Mairs & Power Minnesota Municipal Bond ETF

A number of hedge funds have recently bought and sold shares of MINN. Bayban bought a new stake in shares of Mairs & Power Minnesota Municipal Bond ETF in the 4th quarter worth about $736,000. Trust Point Inc. boosted its stake in shares of Mairs & Power Minnesota Municipal Bond ETF by 236.6% during the 2nd quarter. Trust Point Inc. now owns 40,395 shares of the company’s stock worth $905,000 after purchasing an additional 28,395 shares during the period. Farther Finance Advisors LLC grew its holdings in Mairs & Power Minnesota Municipal Bond ETF by 62.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,800 shares of the company’s stock valued at $120,000 after purchasing an additional 2,224 shares during the last quarter. First Heartland Consultants Inc. grew its holdings in Mairs & Power Minnesota Municipal Bond ETF by 12.4% during the 2nd quarter. First Heartland Consultants Inc. now owns 19,878 shares of the company’s stock valued at $445,000 after purchasing an additional 2,189 shares during the last quarter. Finally, Ballast Advisors LLC bought a new position in Mairs & Power Minnesota Municipal Bond ETF during the 1st quarter valued at about $34,000.

Mairs & Power Minnesota Municipal Bond ETF Price Performance

BATS:MINN opened at $20.82 on Monday. The stock has a 50-day simple moving average of $21.49 and a two-hundred day simple moving average of $22.01. Mairs & Power Minnesota Municipal Bond ETF has a 52-week low of $20.50 and a 52-week high of $23.14.

Mairs & Power Minnesota Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, September 25th were given a dividend of $0.0584 per share. The ex-dividend date was Friday, September 25th. This is an increase from Mairs & Power Minnesota Municipal Bond ETF’s previous monthly dividend of $0.0575. This represents a $0.70 annualized dividend and a dividend yield of 3.4%.

About Mairs & Power Minnesota Municipal Bond ETF

The Mairs & Power Minnesota Municipal Bond ETF (MINN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to target mainly investment-grade municipal securities of various maturities, with interest income that is exempted from federal and Minnesota state income tax. MINN was launched on Mar 12, 2021 and is managed by Mairs & Power.