SPDR Nuveen Municipal Bond ESG ETF (BATS:MBNE) Increases Dividend to $0.08 Per Share

SPDR Nuveen Municipal Bond ESG ETF (BATS:MBNE) announced a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.0775 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is an increase from SPDR Nuveen Municipal Bond ESG ETF’s previous dividend of $0.05.

SPDR Nuveen Municipal Bond ESG ETF Price Performance

Shares of BATS:MBNE traded up $0.06 during midday trading on Friday, reaching $29.85. 192 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $29.81 and its 200 day moving average price is $29.29.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SPDR Nuveen Municipal Bond ESG ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of SPDR Nuveen Municipal Bond ESG ETF (BATS:MBNE) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 68,903 shares of the company’s stock, valued at approximately $2,015,000.

About SPDR Nuveen Municipal Bond ESG ETF

The SPDR Nuveen Municipal Bond ESG ETF (MBNE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of tax-exempt US municipal bonds that exhibit environmental, social, and governance characteristics. The portfolio holds intermediate-term bonds with varying credit quality.