129,878 Shares in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) Purchased by Legacy Financial Advisors Inc.

Legacy Financial Advisors Inc. purchased a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) during the 4th quarter, HoldingsChannel reports. The fund purchased 129,878 shares of the company’s stock, valued at approximately $3,286,000. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF comprises approximately 0.6% of Legacy Financial Advisors Inc.’s portfolio, making the stock its 26th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of HYMB. Prime Capital Investment Advisors LLC purchased a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at about $4,171,000. M&T Bank Corp raised its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 110.1% in the 4th quarter. M&T Bank Corp now owns 235,500 shares of the company’s stock valued at $5,958,000 after acquiring an additional 123,420 shares in the last quarter. Essex Savings Bank purchased a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at about $1,764,000. Bank of New York Mellon Corp raised its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 30.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 241,037 shares of the company’s stock valued at $5,742,000 after acquiring an additional 55,999 shares in the last quarter. Finally, Betterment LLC raised its holdings in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 183.9% in the 3rd quarter. Betterment LLC now owns 45,210 shares of the company’s stock valued at $1,077,000 after acquiring an additional 29,283 shares in the last quarter.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Stock Performance

Shares of NYSEARCA:HYMB traded up $0.19 on Friday, hitting $25.35. The company’s stock had a trading volume of 1,561,237 shares, compared to its average volume of 1,227,197. The company has a 50-day simple moving average of $25.43 and a 200 day simple moving average of $24.97. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF has a 1 year low of $22.95 and a 1 year high of $25.73.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Company 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.