Xtrackers Municipal Infrastructure Revenue Bond Fund (NYSEARCA:RVNU) Stock Price Up 0.3% – What’s Next?

Xtrackers Municipal Infrastructure Revenue Bond Fund (NYSEARCA:RVNU)’s share price was up 0.3% during mid-day trading on Wednesday . The company traded as high as $25.56 and last traded at $25.56. Approximately 7,408 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 17,247 shares. The stock had previously closed at $25.49.

Xtrackers Municipal Infrastructure Revenue Bond Fund Stock Performance

The firm’s 50-day moving average price is $25.84 and its 200 day moving average price is $25.62.

Institutional Trading of Xtrackers Municipal Infrastructure Revenue Bond Fund

A hedge fund recently raised its stake in Xtrackers Municipal Infrastructure Revenue Bond Fund stock. Massmutual Trust Co. FSB ADV raised its position in shares of Xtrackers Municipal Infrastructure Revenue Bond Fund (NYSEARCA:RVNU) by 5.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,182 shares of the company’s stock after purchasing an additional 512 shares during the period. Massmutual Trust Co. FSB ADV owned 0.19% of Xtrackers Municipal Infrastructure Revenue Bond Fund worth $234,000 at the end of the most recent quarter.

About Xtrackers Municipal Infrastructure Revenue Bond Fund

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.