Beta Wealth Group Inc. Cuts Stock Position in BlackRock High Yield Muni Income Bond ETF (BATS:HYMU)

Beta Wealth Group Inc. trimmed its stake in shares of BlackRock High Yield Muni Income Bond ETF (BATS:HYMU) by 20.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 109,192 shares of the company’s stock after selling 28,322 shares during the quarter. BlackRock High Yield Muni Income Bond ETF makes up 1.3% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 27th largest position. Beta Wealth Group Inc.’s holdings in BlackRock High Yield Muni Income Bond ETF were worth $2,415,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Atria Investments Inc increased its position in shares of BlackRock High Yield Muni Income Bond ETF by 1.3% during the third quarter. Atria Investments Inc now owns 55,541 shares of the company’s stock worth $1,136,000 after purchasing an additional 716 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in shares of BlackRock High Yield Muni Income Bond ETF during the fourth quarter worth $195,000. New Capital Management LP purchased a new stake in shares of BlackRock High Yield Muni Income Bond ETF during the fourth quarter worth $247,000. Apollon Wealth Management LLC acquired a new stake in shares of BlackRock High Yield Muni Income Bond ETF in the fourth quarter valued at about $376,000. Finally, Veracity Capital LLC purchased a new position in shares of BlackRock High Yield Muni Income Bond ETF in the fourth quarter worth about $438,000.

BlackRock High Yield Muni Income Bond ETF Trading Up 0.1 %

HYMU traded up $0.03 on Friday, reaching $22.37. 70,669 shares of the company’s stock were exchanged. The business has a fifty day moving average price of $22.27 and a two-hundred day moving average price of $22.00.

BlackRock High Yield Muni Income Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.0811 per share. The ex-dividend date of this dividend was Monday, April 1st.

BlackRock High Yield Muni Income Bond 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.