Xtrackers Municipal Infrastructure Revenue Bond ETF $RVNU Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its holdings in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF (NYSEARCA:RVNU) by 4.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 531,791 shares of the company’s stock after acquiring an additional 21,119 shares during the period. Bank of New York Mellon Corp owned approximately 9.76% of Xtrackers Municipal Infrastructure Revenue Bond ETF worth $13,101,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Goodman Advisory Group LLC increased its position in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 11.8% in the 1st quarter. Goodman Advisory Group LLC now owns 273,644 shares of the company’s stock valued at $6,741,000 after acquiring an additional 28,787 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 43.5% in the third quarter. Ameriprise Financial Inc. now owns 75,988 shares of the company’s stock valued at $1,875,000 after purchasing an additional 23,047 shares during the period. Ascentis Independent Advisors raised its stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 92.2% in the first quarter. Ascentis Independent Advisors now owns 23,676 shares of the company’s stock worth $583,000 after purchasing an additional 11,359 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Xtrackers Municipal Infrastructure Revenue Bond ETF by 101.5% in the fourth quarter. NewEdge Advisors LLC now owns 2,354 shares of the company’s stock worth $58,000 after purchasing an additional 1,186 shares during the last quarter.

Xtrackers Municipal Infrastructure Revenue Bond ETF Trading Down 0.4%

Shares of NYSEARCA RVNU opened at $24.67 on Friday. The business’s 50 day moving average price is $25.09 and its 200 day moving average price is $24.88. Xtrackers Municipal Infrastructure Revenue Bond ETF has a 52 week low of $23.54 and a 52 week high of $25.40.

Xtrackers Municipal Infrastructure Revenue Bond ETF Profile

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. RVNU was launched on Jun 4, 2013 and is managed by Xtrackers.