Lynx Investment Advisory Buys Shares of 4,485 SPDR Nuveen Municipal Bond ETF (BATS:MBND)

Lynx Investment Advisory bought a new stake in shares of SPDR Nuveen Municipal Bond ETF (BATS:MBND) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,485 shares of the company’s stock, valued at approximately $123,000. Lynx Investment Advisory owned 0.25% of SPDR Nuveen Municipal Bond ETF at the end of the most recent reporting period.

SPDR Nuveen Municipal Bond ETF Price Performance

Shares of BATS:MBND traded down $0.05 during trading hours on Tuesday, hitting $27.83. 130 shares of the company’s stock traded hands. The firm has a 50-day simple moving average of $27.47 and a two-hundred day simple moving average of $27.42.

SPDR Nuveen Municipal Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.0617 dividend. This is a positive change from SPDR Nuveen Municipal Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, July 1st.

About SPDR Nuveen Municipal Bond ETF

The SPDR Nuveen Municipal Bond ETF (MBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively-managed to invest in US municipal bonds with varying credit quality. The portfolio targets a weighted average maturity of 5-12 years. MBND was launched on Feb 3, 2021 and is managed by State Street.