Accredited Investor Services LLC Raises Holdings in VanEck High Yield Muni ETF $HYD

Accredited Investor Services LLC boosted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 7.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,113 shares of the company’s stock after acquiring an additional 558 shares during the period. Accredited Investor Services LLC’s holdings in VanEck High Yield Muni ETF were worth $407,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Valmark Advisers Inc. increased its holdings in VanEck High Yield Muni ETF by 0.8% during the 2nd quarter. Valmark Advisers Inc. now owns 39,428 shares of the company’s stock worth $1,980,000 after purchasing an additional 320 shares during the period. Financial Life Advisors raised its holdings in shares of VanEck High Yield Muni ETF by 4.3% in the 2nd quarter. Financial Life Advisors now owns 15,350 shares of the company’s stock valued at $771,000 after purchasing an additional 627 shares in the last quarter. Seamount Financial Group Inc. raised its holdings in shares of VanEck High Yield Muni ETF by 4.2% in the 2nd quarter. Seamount Financial Group Inc. now owns 7,150 shares of the company’s stock valued at $359,000 after purchasing an additional 289 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of VanEck High Yield Muni ETF by 29.4% in the 2nd quarter. DAVENPORT & Co LLC now owns 14,928 shares of the company’s stock valued at $750,000 after purchasing an additional 3,388 shares in the last quarter. Finally, Merit Financial Group LLC raised its holdings in shares of VanEck High Yield Muni ETF by 159.1% in the 2nd quarter. Merit Financial Group LLC now owns 124,718 shares of the company’s stock valued at $6,262,000 after purchasing an additional 76,576 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD opened at $50.78 on Friday. VanEck High Yield Muni ETF has a twelve month low of $47.78 and a twelve month high of $53.10. The firm’s fifty day simple moving average is $50.05 and its 200-day simple moving average is $49.90.

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.