Westside Investment Management Inc. Increases Position in VanEck High Yield Muni ETF (BATS:HYD)

Westside Investment Management Inc. boosted its position in VanEck High Yield Muni ETF (BATS:HYD) by 12.8% in the 4th quarter, Holdings Channel reports. The fund owned 26,099 shares of the company’s stock after purchasing an additional 2,966 shares during the period. Westside Investment Management Inc.’s holdings in VanEck High Yield Muni ETF were worth $1,355,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HYD. SG Americas Securities LLC acquired a new position in VanEck High Yield Muni ETF in the third quarter valued at $5,634,000. Kestra Investment Management LLC acquired a new position in shares of VanEck High Yield Muni ETF during the 2nd quarter valued at about $5,232,000. Stifel Financial Corp lifted its holdings in shares of VanEck High Yield Muni ETF by 108.9% during the 3rd quarter. Stifel Financial Corp now owns 169,159 shares of the company’s stock worth $8,977,000 after acquiring an additional 88,184 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of 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 acquiring an additional 86,526 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of VanEck High Yield Muni ETF by 5.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock worth $78,981,000 after acquiring an additional 82,090 shares during the last quarter.

VanEck High Yield Muni ETF Stock Up 0.8 %

Shares of HYD stock opened at $51.78 on Wednesday. The stock’s 50 day moving average is $52.08 and its 200 day moving average is $52.29.

VanEck High Yield Muni ETF Company Profile

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.