iShares High Yield Muni Income Active ETF (BATS:HYMU) Trading 0.4% Higher – What’s Next?

iShares High Yield Muni Income Active ETF (BATS:HYMU) shares traded up 0.4% during trading on Tuesday . The company traded as high as $22.92 and last traded at $22.90. 40,778 shares traded hands during trading, The stock had previously closed at $22.81.

iShares High Yield Muni Income Active ETF Stock Performance

The stock has a 50-day moving average price of $23.03 and a 200-day moving average price of $22.78.

iShares High Yield Muni Income Active ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.0832 per share. This is a positive change from iShares High Yield Muni Income Active ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares High Yield Muni Income Active ETF

Several large investors have recently modified their holdings of HYMU. Dynasty Wealth Management LLC bought a new stake in shares of iShares High Yield Muni Income Active ETF during the 1st quarter worth $4,944,000. Sanctuary Advisors LLC bought a new stake in shares of iShares High Yield Muni Income Active ETF during the 2nd quarter worth $3,520,000. Ocean Park Asset Management LLC bought a new stake in shares of iShares High Yield Muni Income Active ETF during the 2nd quarter worth $2,158,000. Commonwealth Equity Services LLC boosted its stake in shares of iShares High Yield Muni Income Active ETF by 112.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 161,807 shares of the company’s stock worth $3,663,000 after acquiring an additional 85,731 shares in the last quarter. Finally, Prentice Wealth Management LLC boosted its stake in shares of iShares High Yield Muni Income Active ETF by 32.8% during the 2nd quarter. Prentice Wealth Management LLC now owns 226,182 shares of the company’s stock worth $5,121,000 after acquiring an additional 55,865 shares in the last quarter.

iShares High Yield Muni Income Active 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.