The CEF Municipal Income ETF (AMEX:XMPT) is seeing unusually high volume in afternoon trading Tuesday, with over 145,000 shares traded versus three month average volume of about 26,000. Shares of XMPT were up about 0.7% on the day.
Components of that ETF with the highest volume on Tuesday were Nuveen AMT Free Municipal Income (NYSE:NEA), trading up about 0.8% with over 807,000 shares changing hands so far this session, and Nuveen Municipal Value Fund (NYSE:NUV), up about 0.5% on volume of over 783,000 shares. Pimco Municipal Income Fund III (NYSE:PMX) is the component faring the best Tuesday, higher by about 2.2% on the day, while Western Asset Municipal Defined (MTT) is lagging other components of the CEF Municipal Income ETF, trading lower by about 1.1%.
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