State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
126 hedge funds and large institutions have $249M invested in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 38 increasing their positions, 45 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
11% more funds holding
Funds holding: 114 → 126 (+12)
1.99% less ownership
Funds ownership: 94.66% → 92.67% (-2%)
16% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 45
16% less capital invested
Capital invested by funds: $297M → $249M (-$48.6M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
126
Grimes & Company
Westborough,
Massachusetts
| – | -$31.4M | -1,098,904 | Closed |
|
|
RCM
127
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.65M | -57,610 | Closed |
|
|
MG
128
Mather Group
Chicago,
Illinois
| – | -$1.32M | -46,150 | Closed |
|
|
CAG
129
Crestwood Advisors Group
Boston,
Massachusetts
| – | -$999K | -35,000 | Closed |
|
|
NPC
130
National Planning Corporation
El Segundo,
California
| – | -$612K | -21,422 | Closed |
|
|
IWA
131
Intercontinental Wealth Advisors
San Antonio,
Texas
| – | -$434K | -15,200 | Closed |
|
|
AL
132
Aspiriant LLC
Los Angeles,
California
| – | -$280K | -9,814 | Closed |
|
|
ICOA
133
Investment Centers of America
Bismarck,
North Dakota
| – | -$264K | -9,234 | Closed |
|
|
TC
134
Trust Company
Manhattan,
Kansas
| – | -$251K | -8,780 | Closed |
|
|
SM
135
Sciencast Management
Princeton,
New Jersey
| – | -$225K | -8,080 | Closed |
|
136
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$214K | -7,500 | Closed |
|
|
CPA
137
Clear Perspective Advisors
Aurora,
Illinois
| – | -$1K | -32 | Closed |
|
HYMB Hedge Fund Activity: Q4 2017 in Review
126 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) for Q4 2017, worth a combined $249M — down 16% from $297M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new HYMB positions and 12 closed out — a net gain of 12 holders — while 38 added to existing stakes and 45 trimmed.
The largest buyer was Bank of America, adding an estimated $10.6M. The largest seller was Grimes & Company, exiting entirely with an estimated $31.4M sold.
- 126 institutional investors held State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) as of Q4 2017, up from 114 in Q3 2017.
- Funds reported $249M of State Street SPDR Nuveen ICE High Yield Municipal Bond ETF stock for Q4 2017, down 16% quarter-over-quarter.
- 24 funds opened new State Street SPDR Nuveen ICE High Yield Municipal Bond ETF positions in Q4 2017 and 12 closed out, a net change of +12 holders.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF buyer in Q4 2017 was Bank of America, an estimated $10.6M added.
- The largest State Street SPDR Nuveen ICE High Yield Municipal Bond ETF seller in Q4 2017 was Grimes & Company, an estimated $31.4M sold.
Based on aggregated 13F filings for Q4 2017.