Wetzel Investment Advisors Inc. Makes New Investment in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB)

Wetzel Investment Advisors Inc. purchased a new position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 7,132 shares of the company’s stock, valued at approximately $180,000.

A number of other large investors have also recently bought and sold shares of the business. Crescent Grove Advisors LLC grew its holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 4.6% during the 4th quarter. Crescent Grove Advisors LLC now owns 16,205 shares of the company’s stock worth $410,000 after acquiring an additional 717 shares during the period. Prime Capital Investment Advisors LLC acquired a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at about $4,171,000. Private Trust Co. NA grew its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 175.7% in the 4th quarter. Private Trust Co. NA now owns 39,615 shares of the company’s stock valued at $1,002,000 after buying an additional 25,244 shares during the period. Essex Savings Bank acquired a new stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter valued at about $1,764,000. Finally, Parkside Investments LLC grew its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 5.6% in the 4th quarter. Parkside Investments LLC now owns 414,453 shares of the company’s stock valued at $10,486,000 after buying an additional 21,950 shares during the period.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Stock Performance

Shares of HYMB traded up $0.03 during trading hours on Friday, hitting $25.33. The stock had a trading volume of 1,271,788 shares, compared to its average volume of 1,216,472. The firm has a 50 day simple moving average of $25.47 and a 200-day simple moving average of $24.85. 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 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.