Prentice Wealth Management LLC Acquires 77,128 Shares of BlackRock High Yield Muni Income Bond ETF (BATS:HYMU)

Prentice Wealth Management LLC increased its position in shares of BlackRock High Yield Muni Income Bond ETF (BATS:HYMU) by 82.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 170,317 shares of the company’s stock after acquiring an additional 77,128 shares during the period. BlackRock High Yield Muni Income Bond ETF comprises about 1.3% of Prentice Wealth Management LLC’s portfolio, making the stock its 15th biggest position. Prentice Wealth Management LLC owned about 0.06% of BlackRock High Yield Muni Income Bond ETF worth $3,824,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HYMU. Wetzel Investment Advisors Inc. acquired a new position in shares of BlackRock High Yield Muni Income Bond ETF in the 4th quarter valued at about $195,000. CGN Advisors LLC acquired a new position in BlackRock High Yield Muni Income Bond ETF during the 1st quarter worth approximately $209,000. New Capital Management LP acquired a new position in BlackRock High Yield Muni Income Bond ETF during the 4th quarter worth approximately $247,000. Apollon Wealth Management LLC acquired a new position in BlackRock High Yield Muni Income Bond ETF during the 4th quarter worth approximately $376,000. Finally, Veracity Capital LLC acquired a new position in BlackRock High Yield Muni Income Bond ETF during the 4th quarter worth approximately $438,000.

BlackRock High Yield Muni Income Bond ETF Stock Performance

HYMU stock traded up $0.03 during trading on Wednesday, reaching $22.80. 73,582 shares of the stock were exchanged. The business’s fifty day simple moving average is $22.41 and its 200 day simple moving average is $22.21.

BlackRock High Yield Muni Income Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.0828 per share. This is a positive change from BlackRock High Yield Muni Income Bond ETF’s previous dividend of $0.08. The ex-dividend date was Monday, June 3rd.

About BlackRock High Yield Muni Income Bond ETF

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.