M&T Bank Corp Sells 116,000 Shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB)

M&T Bank Corp cut its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 19.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 481,700 shares of the company’s stock after selling 116,000 shares during the quarter. M&T Bank Corp owned approximately 0.47% of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF worth $12,322,000 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 HYMB. JPMorgan Chase & Co. lifted its holdings in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 91.7% during the third quarter. JPMorgan Chase & Co. now owns 399,571 shares of the company’s stock valued at $10,497,000 after purchasing an additional 191,179 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 17.7% during the 4th quarter. Bank of New York Mellon Corp now owns 662,561 shares of the company’s stock valued at $16,948,000 after purchasing an additional 99,676 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 31,233.3% during the 4th quarter. First Horizon Advisors Inc. now owns 51,700 shares of the company’s stock valued at $1,322,000 after buying an additional 51,535 shares in the last quarter. SVB Wealth LLC bought a new position in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF in the 4th quarter worth $1,014,000. Finally, Jones Financial Companies Lllp increased its stake in SPDR Nuveen Bloomberg High Yield Municipal Bond ETF by 99.7% in the 4th quarter. Jones Financial Companies Lllp now owns 63,911 shares of the company’s stock worth $1,635,000 after buying an additional 31,903 shares in the last quarter.

SPDR Nuveen Bloomberg High Yield Municipal Bond ETF Price Performance

NYSEARCA:HYMB opened at $25.72 on Friday. The business’s 50-day simple moving average is $25.69 and its two-hundred day simple moving average is $25.89. SPDR Nuveen Bloomberg High Yield Municipal Bond ETF has a 52 week low of $25.10 and a 52 week high of $26.33.

About SPDR Nuveen Bloomberg High Yield Municipal Bond ETF

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.