Janney Montgomery Scott LLC Buys 31,635 Shares of State Street Nuveen Municipal Bond ETF $MBND

Janney Montgomery Scott LLC boosted its stake in State Street Nuveen Municipal Bond ETF (BATS:MBND) by 183.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 48,918 shares of the company’s stock after buying an additional 31,635 shares during the period. Janney Montgomery Scott LLC’s holdings in State Street Nuveen Municipal Bond ETF were worth $1,329,000 as of its most recent filing with the SEC.

Separately, PNC Financial Services Group Inc. lifted its position in State Street Nuveen Municipal Bond ETF by 32.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,294 shares of the company’s stock worth $336,000 after acquiring an additional 2,997 shares during the last quarter.

State Street Nuveen Municipal Bond ETF Price Performance

Shares of BATS:MBND remained flat at $27.19 during trading on Friday. The stock had a trading volume of 789 shares, compared to its average volume of 5,739. State Street Nuveen Municipal Bond ETF has a 12 month low of $25.82 and a 12 month high of $27.86. The company’s 50 day moving average is $27.23 and its 200-day moving average is $27.35.

About State Street Nuveen Municipal Bond ETF

The SPDR Nuveen Municipal Bond ETF (MBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively-managed to invest in US municipal bonds with varying credit quality. The portfolio targets a weighted average maturity of 5-12 years. MBND was launched on Feb 3, 2021 and is managed by State Street.