How To Buy SPDR Nuveen Municipal Bond ETF (MBND) Stock

27.53 ↓0.03 (-0.11%)
As of March 13, 2024, 12:12pm EST.

How To Buy MBND

SPDR Nuveen Municipal Bond ETF (MBND) is an ETF listed on the NASDAQ exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of MBND.

  1. Find a reliable broker.

    Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy SPDR Nuveen Municipal Bond ETF from:

    View All Recommended Brokers
  2. Fund your new account.

    You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

  3. Search for MBND.

    When your funds are settled into your account, look for SPDR Nuveen Municipal Bond ETF on your broker by searching for the company name: SPDR Nuveen Municipal Bond ETF or the ticker symbol: MBND.

  4. Buy the stock.

    Once that you've found SPDR Nuveen Municipal Bond ETF on your broker, submit a purchase order to buy shares of the stock (currently $27.53 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

    Once your order gets fulfilled, you've purchased your first shares of SPDR Nuveen Municipal Bond ETF.

    Tips When Buying

    When submitting your order, you may choose to buy shares of SPDR Nuveen Municipal Bond ETF at the market price with a market order or at a set price using a limit order.

    • Market order: Buys the stock immediately at its current price.
    • Limit order: Buys the stock only once it reaches your target price.

    By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of MBND at a specific price.

Should You Buy MBND Stock Now?

In the past week the price per share of SPDR Nuveen Municipal Bond ETF has gone down ↓0.04 (-0.16%) and the daily volume has dropped by more than half. You should buy MBND now if you think the stock will recover soon, or wait until you think the stock is done dropping.

In the end, you should be comfortable with the risk of the investment and only buy shares of MBND when you feel the time is right.

MBND Stock Performance

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  • Current price: $27.53
  • Yesterday's price: $27.56
  • Price Change (Last 24 Hours): ↓0.03 (-0.11%)
  • Price Change (Last 14 Days): ↓0.06 (-0.24%)
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