New Municipal Bond ESG ETF From State Street

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Today, State Street Global Advisors announced the launch of their new municipal bond ETF, the SPDR Nuveen Municipal Bond ESG ETF (MBNE), available on the Cboe BZX Exchange. MBNE uses Nuveen’s ESG Municipal Bond Scoring Tool to select which bonds to purchase.

ETF Newz Says:

The goal of MBNE is to invest invest in municipal securities that are aimed at environmental, social, and governance projects.

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