Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU – Get Free Report) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 24,465 shares, a drop of 51.9% from the April 30th total of 50,871 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 20,744 shares, the days-to-cover ratio is currently 1.2 days.
Xtrackers Municipal Infrastructure Revenue Bond ETF Stock Up 0.1%
Shares of RVNU opened at $25.08 on Wednesday. The stock has a 50 day moving average of $24.78 and a 200 day moving average of $24.76. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 12 month low of $23.42 and a 12 month high of $25.16.
Institutional Trading of Xtrackers Municipal Infrastructure Revenue Bond ETF
Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC purchased a new stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF during the third quarter valued at approximately $29,000. Ascentis Independent Advisors increased its position in Xtrackers Municipal Infrastructure Revenue Bond ETF by 92.2% in the first quarter. Ascentis Independent Advisors now owns 23,676 shares of the company’s stock worth $583,000 after buying an additional 11,359 shares during the last quarter. Ameriprise Financial Inc. increased its position in Xtrackers Municipal Infrastructure Revenue Bond ETF by 13.2% in the second quarter. Ameriprise Financial Inc. now owns 52,941 shares of the company’s stock worth $1,270,000 after buying an additional 6,169 shares during the last quarter. Goodman Advisory Group LLC increased its position in Xtrackers Municipal Infrastructure Revenue Bond ETF by 166.4% in the third quarter. Goodman Advisory Group LLC now owns 244,982 shares of the company’s stock worth $6,044,000 after buying an additional 153,032 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Xtrackers Municipal Infrastructure Revenue Bond ETF by 4.1% in the first quarter. Bank of New York Mellon Corp now owns 531,791 shares of the company’s stock worth $13,101,000 after buying an additional 21,119 shares during the last quarter.
Xtrackers Municipal Infrastructure Revenue Bond ETF 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. RVNU was launched on Jun 4, 2013 and is managed by Xtrackers.
Read More
- Five stocks we like better than Xtrackers Municipal Infrastructure Revenue Bond ETF
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Receive News & Ratings for Xtrackers Municipal Infrastructure Revenue Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtrackers Municipal Infrastructure Revenue Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
