VanEck High Yield Muni ETF $HYD Shares Newly Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new stake in VanEck High Yield Muni ETF (BATS:HYD) during the 3rd quarter, Holdings Channel reports. The fund bought 16,212 shares of the company’s stock, valued at approximately $779,000.

Other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC bought a new stake in shares of VanEck High Yield Muni ETF during the third quarter worth approximately $1,939,000. Rainey & Randall Wealth Advisors Inc. lifted its holdings in VanEck High Yield Muni ETF by 2.3% in the third quarter. Rainey & Randall Wealth Advisors Inc. now owns 23,873 shares of the company’s stock valued at $1,147,000 after buying an additional 533 shares during the period. Helium Advisors LLC bought a new position in VanEck High Yield Muni ETF in the third quarter valued at approximately $234,000. Revolve Wealth Partners LLC boosted its stake in VanEck High Yield Muni ETF by 67.7% in the third quarter. Revolve Wealth Partners LLC now owns 502,716 shares of the company’s stock valued at $24,145,000 after acquiring an additional 202,907 shares during the last quarter. Finally, BIP Wealth LLC bought a new position in VanEck High Yield Muni ETF in the third quarter valued at approximately $2,159,000.

VanEck High Yield Muni ETF Stock Down 0.6%

HYD opened at $49.02 on Wednesday. The company has a fifty day moving average price of $48.88 and a two-hundred day moving average price of $50.42. VanEck High Yield Muni ETF has a 52 week low of $47.49 and a 52 week high of $51.68.

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.