Confluence Investment Management LLC Decreases Stock Holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF $HYMB

Confluence Investment Management LLC cut its stake in SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 90.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,314 shares of the company’s stock after selling 112,591 shares during the period. Confluence Investment Management LLC’s holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF were worth $313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in HYMB. RMG Wealth Management LLC purchased a new position in SPDR Nuveen ICE High Yield Municipal Bond ETF during the first quarter worth approximately $215,000. Bank of New York Mellon Corp grew its holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF by 16.8% in the 1st quarter. Bank of New York Mellon Corp now owns 1,294,400 shares of the company’s stock valued at $32,101,000 after buying an additional 185,966 shares in the last quarter. Morton Brown Family Wealth LLC purchased a new stake in SPDR Nuveen ICE High Yield Municipal Bond ETF in the 1st quarter valued at $122,000. Arkadios Wealth Advisors grew its holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF by 13.7% in the 4th quarter. Arkadios Wealth Advisors now owns 19,877 shares of the company’s stock valued at $496,000 after buying an additional 2,398 shares in the last quarter. Finally, IMA Advisory Services Inc. increased its stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 18.0% in the 4th quarter. IMA Advisory Services Inc. now owns 7,921 shares of the company’s stock worth $198,000 after acquiring an additional 1,211 shares during the last quarter.

SPDR Nuveen ICE High Yield Municipal Bond ETF Trading Up 0.1%

NYSEARCA HYMB opened at $24.88 on Thursday. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 52 week low of $24.03 and a 52 week high of $25.49. The business’s fifty day simple moving average is $25.17 and its 200-day simple moving average is $25.11.

SPDR Nuveen ICE 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.