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

X-trackers Municipal Infrastructure Revenue Bond Fund (NYSEARCA:RVNU) shot up 0% during mid-day trading on Monday . The company traded as high as $25.27 and last traded at $25.27. 9,164 shares changed hands during trading, a decline of 51% from the average session 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 business’s 50 day moving average price is $25.56 and its 200 day moving average price is $24.97.

X-trackers Municipal Infrastructure Revenue Bond Fund Increases Dividend

The business also recently announced a dividend, which was paid on Monday, April 8th. Shareholders 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 an increase from X-trackers Municipal Infrastructure Revenue Bond Fund’s previous dividend of $0.06.

Institutional Trading of X-trackers Municipal Infrastructure Revenue Bond Fund

A number of hedge funds have recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV raised its position in 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 acquiring an additional 406 shares during the period. Baker Avenue Asset Management LP raised its holdings in X-trackers Municipal Infrastructure Revenue Bond Fund by 69.8% in the 3rd quarter. Baker Avenue Asset Management LP now owns 27,193 shares of the company’s stock worth $646,000 after purchasing an additional 11,178 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in X-trackers Municipal Infrastructure Revenue Bond Fund by 89.9% during the third quarter. Bank of New York Mellon Corp now owns 708,622 shares of the company’s stock valued at $16,823,000 after purchasing an additional 335,514 shares in the last quarter.

About X-trackers Municipal Infrastructure Revenue Bond Fund

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.