Parkside Investments LLC Decreases Stock Holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF $HYMB

Parkside Investments LLC decreased its position in SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) by 8.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 541,900 shares of the company’s stock after selling 51,200 shares during the quarter. SPDR Nuveen ICE High Yield Municipal Bond ETF accounts for approximately 1.7% of Parkside Investments LLC’s investment portfolio, making the stock its 14th largest position. Parkside Investments LLC’s holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF were worth $13,515,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Diversified Portfolios Inc. increased its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 40.1% in the fourth quarter. Diversified Portfolios Inc. now owns 102,370 shares of the company’s stock valued at $2,553,000 after acquiring an additional 29,316 shares during the period. Elyxium Wealth LLC increased its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 46.8% in the fourth quarter. Elyxium Wealth LLC now owns 20,782 shares of the company’s stock valued at $518,000 after acquiring an additional 6,624 shares during the period. Manning & Napier Advisors LLC increased its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 15.0% in the fourth quarter. Manning & Napier Advisors LLC now owns 11,268 shares of the company’s stock valued at $281,000 after acquiring an additional 1,467 shares during the period. JDM Financial Group LLC purchased a new position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF in the fourth quarter valued at about $38,000. Finally, FSA Advisors Inc. purchased a new position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF in the fourth quarter valued at about $1,592,000.

SPDR Nuveen ICE High Yield Municipal Bond ETF Stock Performance

HYMB stock opened at $24.96 on Tuesday. The firm’s 50-day moving average price is $24.99 and its two-hundred day moving average price is $25.06. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 12-month low of $24.03 and a 12-month high of $25.49.

About SPDR Nuveen ICE 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.