Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 878 shares, a decrease of 91.9% from the August 15th total of 10,800 shares. Based on an average daily volume of 17,260 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.
Institutional Investors Weigh In On Xtrackers Municipal Infrastructure Revenue Bond ETF
A number of large investors have recently made changes to their positions in the company. NewEdge Advisors LLC purchased a new stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF in the 3rd quarter valued at approximately $29,000. Ascentis Independent Advisors raised its stake in Xtrackers Municipal Infrastructure Revenue Bond ETF by 92.2% during the 1st quarter. Ascentis Independent Advisors now owns 23,676 shares of the company’s stock valued at $583,000 after purchasing an additional 11,359 shares during the period. Ameriprise Financial Inc. raised its stake in Xtrackers Municipal Infrastructure Revenue Bond ETF by 13.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 52,941 shares of the company’s stock valued at $1,270,000 after purchasing an additional 6,169 shares during the period. Confluence Investment Management LLC purchased a new stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF in the second quarter valued at $1,825,000. Finally, Goodman Advisory Group LLC lifted its holdings in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 11.8% in the first quarter. Goodman Advisory Group LLC now owns 273,644 shares of the company’s stock valued at $6,741,000 after purchasing an additional 28,787 shares in the last quarter.
Xtrackers Municipal Infrastructure Revenue Bond ETF Trading Up 0.3%
Shares of NYSEARCA:RVNU traded up $0.06 during midday trading on Friday, reaching $23.88. The company had a trading volume of 13,854 shares, compared to its average volume of 23,749. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 1-year low of $23.81 and a 1-year high of $25.40. The company has a fifty day simple moving average of $24.71 and a two-hundred day simple moving average of $24.83.
About Xtrackers Municipal Infrastructure Revenue Bond ETF
The Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade muni bonds backed by revenue from infrastructure projects. Constituents have at least 10 years remaining to maturity. RVNU was launched on Jun 4, 2013 and is managed by Xtrackers.
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