Kestra Investment Management LLC Boosts Stake in VanEck High Yield Muni ETF $HYD

Kestra Investment Management LLC increased its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 42.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 67,397 shares of the company’s stock after purchasing an additional 19,961 shares during the quarter. Kestra Investment Management LLC owned 0.10% of VanEck High Yield Muni ETF worth $3,384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Nikulski Financial Inc. lifted its stake in VanEck High Yield Muni ETF by 6.1% during the 2nd quarter. Nikulski Financial Inc. now owns 12,240 shares of the company’s stock valued at $615,000 after acquiring an additional 700 shares during the period. Binnacle Investments Inc raised its holdings in shares of VanEck High Yield Muni ETF by 12.4% during the second quarter. Binnacle Investments Inc now owns 2,783 shares of the company’s stock valued at $140,000 after purchasing an additional 306 shares during the last quarter. Corient Private Wealth LLC lifted its position in VanEck High Yield Muni ETF by 100.2% during the second quarter. Corient Private Wealth LLC now owns 13,324 shares of the company’s stock valued at $669,000 after purchasing an additional 6,669 shares during the period. Tidal Investments LLC purchased a new stake in VanEck High Yield Muni ETF in the second quarter worth approximately $3,199,000. Finally, Smartleaf Asset Management LLC grew its position in VanEck High Yield Muni ETF by 177.4% in the 2nd quarter. Smartleaf Asset Management LLC now owns 4,593 shares of the company’s stock worth $230,000 after purchasing an additional 2,937 shares during the period.

VanEck High Yield Muni ETF Trading Down 0.7%

Shares of HYD opened at $50.98 on Friday. The firm has a fifty day simple moving average of $50.97 and a two-hundred day simple moving average of $50.20. VanEck High Yield Muni ETF has a 1-year low of $47.78 and a 1-year high of $53.10.

VanEck High Yield Muni ETF 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.