X-trackers Municipal Infrastructure Revenue Bond Fund (NYSEARCA:RVNU) Trading Up 0%

Shares of X-trackers Municipal Infrastructure Revenue Bond Fund (NYSEARCA:RVNU) were up 0% on Monday . The stock traded as high as $25.27 and last traded at $25.27. Approximately 9,164 shares were traded during trading, a decline of 51% from the average daily volume of 18,803 shares. The stock had previously closed at $25.26.

X-trackers Municipal Infrastructure Revenue Bond Fund Stock Down 0.1 %

The firm has a fifty day moving average of $25.56 and a two-hundred day moving average of $24.97.

X-trackers Municipal Infrastructure Revenue Bond Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, April 8th. Stockholders of record on Tuesday, April 2nd were given a $0.0633 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from X-trackers Municipal Infrastructure Revenue Bond Fund’s previous dividend of $0.06.

Institutional Investors Weigh In On X-trackers Municipal Infrastructure Revenue Bond Fund

Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its holdings in X-trackers Municipal Infrastructure Revenue Bond Fund by 89.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 708,622 shares of the company’s stock worth $16,823,000 after acquiring an additional 335,514 shares during the period. Baker Avenue Asset Management LP grew its position in shares of X-trackers Municipal Infrastructure Revenue Bond Fund by 69.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 27,193 shares of the company’s stock valued at $646,000 after purchasing an additional 11,178 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its holdings in shares of X-trackers Municipal Infrastructure Revenue Bond Fund by 4.5% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 9,512 shares of the company’s stock worth $244,000 after purchasing an additional 406 shares during the period.

X-trackers Municipal Infrastructure Revenue Bond Fund Company Profile

The Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade muni bonds backed by revenue from infrastructure projects. Constituents have at least 10 years remaining to maturity.