MML Investors Services LLC Has $11.52 Million Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

MML Investors Services LLC grew its stake in VanEck High Yield Muni ETF (BATS:HYD) by 6.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 217,092 shares of the company’s stock after purchasing an additional 12,404 shares during the quarter. MML Investors Services LLC owned approximately 0.38% of VanEck High Yield Muni ETF worth $11,521,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Sei Investments Co. boosted its holdings in shares of VanEck High Yield Muni ETF by 7.7% in the 2nd quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock worth $196,067,000 after buying an additional 270,773 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in VanEck High Yield Muni ETF by 5.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock valued at $78,981,000 after acquiring an additional 82,090 shares during the period. Grimes & Company Inc. boosted its position in VanEck High Yield Muni ETF by 2.3% during the third quarter. Grimes & Company Inc. now owns 1,138,643 shares of the company’s stock worth $60,428,000 after purchasing an additional 25,109 shares during the period. Assetmark Inc. grew its stake in VanEck High Yield Muni ETF by 4.9% in the 3rd quarter. Assetmark Inc. now owns 1,053,426 shares of the company’s stock valued at $55,905,000 after buying an additional 49,277 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in VanEck High Yield Muni ETF by 10.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 905,340 shares of the company’s stock valued at $48,046,000 after buying an additional 86,526 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

BATS:HYD opened at $52.57 on Wednesday. The company’s 50-day moving average is $52.43 and its two-hundred day moving average is $52.29.

About VanEck High Yield Muni ETF

The VanEck High Yield Muni ETF (HYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of high-yield, tax-exempt US municipal bonds. HYD was launched on Feb 4, 2009 and is managed by VanEck.