SPDR Nuveen Municipal Bond ETF (BATS:MBND) Raises Dividend to $0.07 Per Share

SPDR Nuveen Municipal Bond ETF (BATS:MBND) announced a dividend on Friday, January 31st,NASDAQ Dividends reports. Shareholders of record on Monday, February 3rd will be paid a dividend of 0.067 per share on Thursday, February 6th. The ex-dividend date is Monday, February 3rd. This is an increase from SPDR Nuveen Municipal Bond ETF’s previous dividend of $0.06.

SPDR Nuveen Municipal Bond ETF Price Performance

Shares of SPDR Nuveen Municipal Bond ETF stock traded up $0.29 during trading hours on Friday, reaching $27.51. 112 shares of the company’s stock were exchanged. The business’s fifty day moving average is $27.60 and its 200 day moving average is $27.70.

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.