Janney Montgomery Scott LLC Purchases 45,287 Shares of iShares High Yield Muni Income Active ETF $SHYM

Janney Montgomery Scott LLC raised its holdings in shares of iShares High Yield Muni Income Active ETF (BATS:SHYM) by 117.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 84,006 shares of the company’s stock after buying an additional 45,287 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares High Yield Muni Income Active ETF were worth $1,850,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Advisory Services Network LLC lifted its position in shares of iShares High Yield Muni Income Active ETF by 11.7% in the fourth quarter. Advisory Services Network LLC now owns 14,351 shares of the company’s stock worth $319,000 after purchasing an additional 1,502 shares in the last quarter. Wealth Advisors of Tampa Bay LLC acquired a new position in iShares High Yield Muni Income Active ETF during the fourth quarter worth $1,000,000. FourThought Financial Partners LLC grew its position in iShares High Yield Muni Income Active ETF by 0.4% in the fourth quarter. FourThought Financial Partners LLC now owns 106,073 shares of the company’s stock valued at $2,357,000 after purchasing an additional 474 shares in the last quarter. Tsfg LLC grew its position in iShares High Yield Muni Income Active ETF by 22.2% in the fourth quarter. Tsfg LLC now owns 2,750 shares of the company’s stock valued at $61,000 after purchasing an additional 500 shares in the last quarter. Finally, Weitzel Financial Services Inc. increased its stake in iShares High Yield Muni Income Active ETF by 72.2% in the 4th quarter. Weitzel Financial Services Inc. now owns 16,306 shares of the company’s stock valued at $363,000 after buying an additional 6,836 shares during the last quarter.

iShares High Yield Muni Income Active ETF Trading Up 0.0%

Shares of SHYM stock opened at $22.33 on Friday. The firm’s fifty day moving average price is $22.27 and its two-hundred day moving average price is $22.27. iShares High Yield Muni Income Active ETF has a 1 year low of $21.90 and a 1 year high of $22.53.

iShares High Yield Muni Income Active ETF Profile

The iShares High Yield Muni Income Active ETF (SHYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed to provide exposure to primarily high-yield US municipal bonds that are exempt from federal income tax. SHYM was launched on Mar 16, 2021 and is issued by BlackRock.