Bank of New York Mellon Corp Increases Stock Position in Xtrackers Municipal Infrastructure Revenue Bond ETF $RVNU

Bank of New York Mellon Corp boosted its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) by 4.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 531,791 shares of the company’s stock after buying an additional 21,119 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.10% of Xtrackers Municipal Infrastructure Revenue Bond ETF worth $13,101,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RVNU. Ameriprise Financial Inc. boosted its position in Xtrackers Municipal Infrastructure Revenue Bond ETF by 13.2% during the second quarter. Ameriprise Financial Inc. now owns 52,941 shares of the company’s stock worth $1,270,000 after purchasing an additional 6,169 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF in the third quarter valued at approximately $29,000. Goodman Advisory Group LLC increased its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 11.8% in the first quarter. Goodman Advisory Group LLC now owns 273,644 shares of the company’s stock valued at $6,741,000 after buying an additional 28,787 shares in the last quarter. Finally, Ascentis Independent Advisors raised its stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 92.2% during the 1st quarter. Ascentis Independent Advisors now owns 23,676 shares of the company’s stock worth $583,000 after buying an additional 11,359 shares during the period.

Xtrackers Municipal Infrastructure Revenue Bond ETF Trading Down 0.4%

Shares of NYSEARCA:RVNU opened at $24.67 on Friday. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 1 year low of $23.54 and a 1 year high of $25.40. The business’s 50 day moving average price is $25.09 and its 200-day moving average price is $24.88.

Xtrackers Municipal Infrastructure Revenue Bond ETF Profile

The Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade muni bonds backed by revenue from infrastructure projects. Constituents have at least 10 years remaining to maturity. RVNU was launched on Jun 4, 2013 and is managed by Xtrackers.