iShares High Yield Muni Income Active ETF (BATS:HYMU) Trading Up 0.1% – Here’s What Happened

iShares High Yield Muni Income Active ETF (BATS:HYMU) shares were up 0.1% during trading on Tuesday . The company traded as high as $22.81 and last traded at $22.75. Approximately 205,882 shares were traded during trading, an increase of 126% from the average daily volume of 90,949 shares. The stock had previously closed at $22.73.

iShares High Yield Muni Income Active ETF Price Performance

The company’s 50-day moving average is $22.83 and its 200-day moving average is $22.92.

iShares High Yield Muni Income Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.0793 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Trading of iShares High Yield Muni Income Active ETF

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in iShares High Yield Muni Income Active ETF by 22.1% during the third quarter. JPMorgan Chase & Co. now owns 328,575 shares of the company’s stock worth $7,616,000 after buying an additional 59,383 shares during the last quarter. Commonwealth Retirement Investments LLC bought a new stake in iShares High Yield Muni Income Active ETF during the fourth quarter worth about $348,000. Sunbelt Securities Inc. grew its stake in iShares High Yield Muni Income Active ETF by 710.7% during the third quarter. Sunbelt Securities Inc. now owns 3,932 shares of the company’s stock worth $91,000 after buying an additional 3,447 shares during the last quarter. Private Trust Co. NA bought a new stake in iShares High Yield Muni Income Active ETF during the third quarter worth about $25,000. Finally, Tolleson Wealth Management Inc. bought a new stake in iShares High Yield Muni Income Active ETF during the fourth quarter worth about $1,531,000.

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.