Wedmont Private Capital Boosts Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

Wedmont Private Capital increased its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 30.7% during the 4th quarter, Holdings Channel reports. The firm owned 34,356 shares of the company’s stock after buying an additional 8,069 shares during the period. Wedmont Private Capital’s holdings in VanEck High Yield Muni ETF were worth $1,769,000 at the end of the most recent quarter.

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

VanEck High Yield Muni ETF Trading Down 0.2 %

Shares of HYD stock opened at $51.37 on Tuesday. The firm’s 50 day simple moving average is $52.12 and its two-hundred day simple moving average is $52.30.

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.