iShares High Yield Muni Income Active ETF (BATS:HYMU) Stock Price Up 0.1% – Still a Buy?

iShares High Yield Muni Income Active ETF (BATS:HYMU) shares were up 0.1% during trading on Tuesday . The stock traded as high as $22.81 and last traded at $22.75. Approximately 205,882 shares traded hands 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 Stock Performance

The firm has a 50-day simple moving average of $22.83 and a 200 day simple moving average of $22.92.

iShares High Yield Muni Income Active ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.0793 dividend. The ex-dividend date was Monday, February 3rd.

Institutional Trading of iShares High Yield Muni Income Active ETF

A number of large investors have recently bought and sold shares of the business. Tolleson Wealth Management Inc. acquired a new stake in shares of iShares High Yield Muni Income Active ETF during the fourth quarter worth about $1,531,000. JPMorgan Chase & Co. lifted its position in iShares High Yield Muni Income Active ETF by 22.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 328,575 shares of the company’s stock worth $7,616,000 after acquiring an additional 59,383 shares during the period. Commonwealth Retirement Investments LLC purchased a new position in shares of iShares High Yield Muni Income Active ETF in the 4th quarter valued at approximately $348,000. Cary Street Partners Financial LLC purchased a new position in shares of iShares High Yield Muni Income Active ETF in the 4th quarter valued at approximately $202,000. Finally, Redwood Investment Management LLC acquired a new position in shares of iShares High Yield Muni Income Active ETF in the fourth quarter valued at approximately $201,000.

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.