Cwm LLC Buys 5,006 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Cwm LLC boosted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 2.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 183,445 shares of the company’s stock after acquiring an additional 5,006 shares during the period. Cwm LLC owned 0.28% of VanEck High Yield Muni ETF worth $9,389,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in HYD. Bessemer Group Inc. acquired a new stake in shares of VanEck High Yield Muni ETF in the 1st quarter valued at $125,000. Jane Street Group LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 171.4% in the 4th quarter. Jane Street Group LLC now owns 45,697 shares of the company’s stock valued at $2,372,000 after purchasing an additional 28,857 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in shares of VanEck High Yield Muni ETF by 56.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 11,448 shares of the company’s stock valued at $594,000 after purchasing an additional 4,152 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 3.6% in the 1st quarter. DAVENPORT & Co LLC now owns 11,540 shares of the company’s stock valued at $591,000 after purchasing an additional 400 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter valued at $10,215,000.

VanEck High Yield Muni ETF Stock Down 3.5%

Shares of HYD stock opened at $49.54 on Tuesday. The stock’s fifty day moving average price is $49.85 and its two-hundred day moving average price is $50.77. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week 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.