Lynx Investment Advisory Buys Shares of 4,485 SPDR Nuveen Municipal Bond ETF (BATS:MBND)

Lynx Investment Advisory purchased a new stake in SPDR Nuveen Municipal Bond ETF (BATS:MBND) during the second quarter, according to its most recent filing with the SEC. The firm purchased 4,485 shares of the company’s stock, valued at approximately $123,000.

SPDR Nuveen Municipal Bond ETF Price Performance

Shares of BATS:MBND traded down $0.05 during mid-day trading on Tuesday, reaching $27.83. The stock had a trading volume of 130 shares. The stock has a fifty day moving average of $27.47 and a 200 day moving average of $27.42.

SPDR Nuveen Municipal Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a $0.0617 dividend. This is an increase from SPDR Nuveen Municipal Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, July 1st.

SPDR Nuveen Municipal Bond ETF Company Profile

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.