Confluence Investment Management LLC Reduces Holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB)

Confluence Investment Management LLC lowered its position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 146,177 shares of the company’s stock after selling 8,656 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF were worth $3,739,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Foster & Motley Inc. lifted its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 6.3% in the second quarter. Foster & Motley Inc. now owns 10,631 shares of the company’s stock worth $270,000 after purchasing an additional 626 shares during the last quarter. GAMMA Investing LLC bought a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF during the 3rd quarter worth approximately $41,000. Nemes Rush Group LLC boosted its holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 49.5% during the 2nd quarter. Nemes Rush Group LLC now owns 2,365 shares of the company’s stock valued at $60,000 after acquiring an additional 783 shares during the period. Retirement Investment Advisors Inc. bought a new position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 2nd quarter valued at $270,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the second quarter worth $187,000.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Price Performance

Shares of HYMB opened at $25.62 on Friday. The firm has a fifty day moving average price of $25.86 and a 200-day moving average price of $25.91. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF has a 12-month low of $24.89 and a 12-month high of $26.33.

SPDR Nuveen Bloomberg 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.