Cliftonlarsonallen Wealth Advisors LLC Takes $1.94 Million Position in VanEck High Yield Muni ETF $HYD

Cliftonlarsonallen Wealth Advisors LLC bought a new stake in VanEck High Yield Muni ETF (BATS:HYD) in the second quarter, Holdings Channel reports. The institutional investor bought 38,606 shares of the company’s stock, valued at approximately $1,938,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in VanEck High Yield Muni ETF by 4.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,717,156 shares of the company’s stock valued at $87,884,000 after buying an additional 76,501 shares during the period. Royal Bank of Canada lifted its holdings in shares of VanEck High Yield Muni ETF by 1.1% during the 1st quarter. Royal Bank of Canada now owns 1,696,780 shares of the company’s stock worth $86,842,000 after acquiring an additional 17,896 shares during the period. Grimes & Company Inc. boosted its position in shares of VanEck High Yield Muni ETF by 0.9% during the 1st quarter. Grimes & Company Inc. now owns 1,200,224 shares of the company’s stock valued at $61,427,000 after acquiring an additional 11,003 shares in the last quarter. Assetmark Inc. increased its stake in VanEck High Yield Muni ETF by 4.8% in the first quarter. Assetmark Inc. now owns 1,163,225 shares of the company’s stock valued at $59,534,000 after acquiring an additional 53,365 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in VanEck High Yield Muni ETF by 2.4% in the first quarter. Commonwealth Equity Services LLC now owns 973,257 shares of the company’s stock valued at $49,811,000 after acquiring an additional 22,743 shares during the period.

VanEck High Yield Muni ETF Price Performance

BATS:HYD opened at $50.78 on Thursday. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month high of $53.10. The firm has a 50-day moving average price of $49.83 and a 200 day moving average price of $49.95.

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.