iShares High Yield Muni Income Active ETF (BATS:HYMU) Stock Cross Above 200-Day Moving Average – Here’s What Happened

iShares High Yield Muni Income Active ETF (BATS:HYMU) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $22.83 and traded as high as $23.05. iShares High Yield Muni Income Active ETF shares last traded at $22.97, with a volume of 134,471 shares traded.

iShares High Yield Muni Income Active ETF Stock Performance

The business’s 50-day moving average is $22.99 and its two-hundred day moving average is $22.84.

iShares High Yield Muni Income Active ETF Increases Dividend

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

Hedge Funds Weigh In On iShares High Yield Muni Income Active ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Private Trust Co. NA acquired a new position in iShares High Yield Muni Income Active ETF during the third quarter worth about $25,000. Ausdal Financial Partners Inc. raised its stake in iShares High Yield Muni Income Active ETF by 8.5% during the second quarter. Ausdal Financial Partners Inc. now owns 15,798 shares of the company’s stock worth $358,000 after purchasing an additional 1,235 shares during the period. Sunbelt Securities Inc. raised 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 purchasing an additional 3,447 shares during the period. WealthCare Investment Partners LLC purchased a new position in iShares High Yield Muni Income Active ETF during the third quarter worth about $203,000. Finally, Kuhn & Co Investment Counsel purchased a new position in iShares High Yield Muni Income Active ETF during the second quarter worth about $211,000.

About iShares High Yield Muni Income Active ETF

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.