Lansing Street Advisors Has $663,000 Holdings in VanEck High Yield Muni ETF $HYD

Lansing Street Advisors reduced its position in VanEck High Yield Muni ETF (BATS:HYD) by 3.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 13,206 shares of the company’s stock after selling 509 shares during the quarter. Lansing Street Advisors’ holdings in VanEck High Yield Muni ETF were worth $663,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of HYD. Simplex Trading LLC bought a new stake in shares of VanEck High Yield Muni ETF during the 1st quarter worth about $40,000. AlphaCore Capital LLC bought a new stake in shares of VanEck High Yield Muni ETF during the 1st quarter worth about $49,000. Ameritas Advisory Services LLC bought a new stake in shares of VanEck High Yield Muni ETF during the 2nd quarter worth about $56,000. Rossby Financial LCC bought a new stake in shares of VanEck High Yield Muni ETF during the 1st quarter worth about $64,000. Finally, Capital Investment Advisory Services LLC boosted its stake in shares of VanEck High Yield Muni ETF by 148.1% during the 1st quarter. Capital Investment Advisory Services LLC now owns 1,315 shares of the company’s stock worth $67,000 after acquiring an additional 785 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS:HYD opened at $50.70 on Wednesday. The business has a 50 day moving average price of $49.96 and a 200 day moving average price of $49.91. VanEck High Yield Muni ETF has a twelve month low of $47.78 and a twelve month high of $53.10.

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.