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

iShares High Yield Muni Income Active ETF (BATS:HYMU) shares were up 0.1% during trading on Thursday . The company traded as high as $22.4699 and last traded at $22.46. Approximately 153,505 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 114,555 shares. The stock had previously closed at $22.44.

iShares High Yield Muni Income Active ETF Stock Performance

The firm has a 50 day moving average of $22.32 and a two-hundred day moving average of $22.26.

Institutional Trading of iShares High Yield Muni Income Active ETF

Several institutional investors have recently added to or reduced their stakes in the business. Tsfg LLC acquired a new stake in shares of iShares High Yield Muni Income Active ETF during the 2nd quarter worth approximately $50,000. Weitzel Financial Services Inc. bought a new position in iShares High Yield Muni Income Active ETF during the 2nd quarter worth $209,000. Finally, FourThought Financial Partners LLC increased its position in iShares High Yield Muni Income Active ETF by 1.4% in the second quarter. FourThought Financial Partners LLC now owns 112,742 shares of the company’s stock worth $2,515,000 after buying an additional 1,520 shares during the period.

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.