SPDR Nuveen Municipal Bond ETF (BATS:MBND) Plans Dividend of $0.07

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

SPDR Nuveen Municipal Bond ETF Price Performance

MBND stock traded up $0.29 during mid-day trading on Friday, hitting $27.51. The stock had a trading volume of 112 shares. The business’s fifty day moving average price is $27.60 and its two-hundred day moving average price is $27.70.

About SPDR Nuveen Municipal Bond ETF

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.