Mairs & Power Minnesota Municipal Bond ETF (MINN) To Go Ex-Dividend on March 25th

Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) announced a dividend on Friday, March 22nd, NASDAQ reports. Investors of record on Tuesday, March 26th will be paid a dividend of 0.0447 per share on Thursday, March 28th. The ex-dividend date of this dividend is Monday, March 25th. This is a positive change from Mairs & Power Minnesota Municipal Bond ETF’s previous dividend of $0.04.

Mairs & Power Minnesota Municipal Bond ETF Stock Performance

MINN stock traded down $0.04 during trading on Friday, reaching $22.41. The stock had a trading volume of 3,894 shares. The firm’s 50 day moving average is $22.37 and its 200 day moving average is $21.80.

Institutional Investors Weigh In On Mairs & Power Minnesota Municipal Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new position in Mairs & Power Minnesota Municipal Bond ETF during the first quarter valued at approximately $557,000. Flow Traders U.S. LLC raised its holdings in Mairs & Power Minnesota Municipal Bond ETF by 67.9% during the fourth quarter. Flow Traders U.S. LLC now owns 40,320 shares of the company’s stock valued at $879,000 after acquiring an additional 16,306 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in shares of Mairs & Power Minnesota Municipal Bond ETF by 17.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 14,208 shares of the company’s stock valued at $316,000 after acquiring an additional 2,102 shares in the last quarter. Finally, Buckingham Strategic Partners LLC lifted its position in shares of Mairs & Power Minnesota Municipal Bond ETF by 6.2% in the fourth quarter. Buckingham Strategic Partners LLC now owns 28,504 shares of the company’s stock valued at $643,000 after acquiring an additional 1,664 shares in the last quarter.

Mairs & Power Minnesota Municipal Bond ETF Company Profile

The Mairs & Power Minnesota Municipal Bond ETF (MINN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to target mainly investment-grade municipal securities of various maturities, with interest income that is exempted from federal and Minnesota state income tax.