Overlay Shares Municipal Bond ETF (NYSEARCA:OVM) Trading 0.3% Higher

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Overlay Shares Municipal Bond ETF (NYSEARCA:OVM)’s stock price traded up 0.3% during mid-day trading on Tuesday . The company traded as high as $25.76 and last traded at $25.72. 6,215 shares were traded during trading, an increase of 37% from the average session volume of 4,535 shares. The stock had previously closed at $25.63.

The stock has a 50 day moving average price of $25.48 and a 200-day moving average price of $25.41.

An institutional investor recently raised its position in Overlay Shares Municipal Bond ETF stock. Advocacy Wealth Management Services LLC grew its stake in shares of Overlay Shares Municipal Bond ETF (NYSEARCA:OVM) by 5.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 958,257 shares of the company’s stock after buying an additional 53,356 shares during the quarter. Overlay Shares Municipal Bond ETF accounts for approximately 4.0% of Advocacy Wealth Management Services LLC’s portfolio, making the stock its 6th largest holding. Advocacy Wealth Management Services LLC owned about 83.33% of Overlay Shares Municipal Bond ETF worth $24,674,000 as of its most recent SEC filing.

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