iShares High Yield Muni Income Active ETF (BATS:HYMU) Shares Up 0.4% – Time to Buy?

iShares High Yield Muni Income Active ETF (BATS:HYMU) traded up 0.4% during mid-day trading on Tuesday . The stock traded as high as $22.92 and last traded at $22.90. 40,778 shares changed hands during mid-day trading, The stock had previously closed at $22.81.

iShares High Yield Muni Income Active ETF Price Performance

The firm’s fifty day simple moving average is $23.04 and its 200-day simple moving average is $22.78.

iShares High Yield Muni Income Active ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.0832 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from iShares High Yield Muni Income Active ETF’s previous dividend of $0.08.

Institutional Trading of iShares High Yield Muni Income Active ETF

Institutional investors and hedge funds have recently modified their holdings of the business. WealthCare Investment Partners LLC purchased a new stake in shares of iShares High Yield Muni Income Active ETF in the third quarter valued at about $203,000. Kuhn & Co Investment Counsel acquired a new position in shares of iShares High Yield Muni Income Active ETF in the second quarter valued at approximately $211,000. Ausdal Financial Partners Inc. raised its position in shares of iShares High Yield Muni Income Active ETF by 8.5% in the second quarter. Ausdal Financial Partners Inc. now owns 15,798 shares of the company’s stock valued at $358,000 after buying an additional 1,235 shares during the last quarter. Cora Capital Advisors LLC acquired a new position in shares of iShares High Yield Muni Income Active ETF in the third quarter valued at approximately $371,000. Finally, Park Avenue Securities LLC acquired a new position in shares of iShares High Yield Muni Income Active ETF in the third quarter valued at approximately $396,000.

iShares High Yield Muni Income Active ETF Company Profile

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.