VanEck High Yield Muni ETF $HYD Shares Sold by Williams & Novak LLC

Williams & Novak LLC lessened its stake in VanEck High Yield Muni ETF (BATS:HYD) by 30.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,067 shares of the company’s stock after selling 11,464 shares during the period. VanEck High Yield Muni ETF comprises about 1.0% of Williams & Novak LLC’s investment portfolio, making the stock its 28th largest position. Williams & Novak LLC’s holdings in VanEck High Yield Muni ETF were worth $1,327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of HYD. Forum Financial Management LP lifted its position in shares of VanEck High Yield Muni ETF by 609.9% in the 3rd quarter. Forum Financial Management LP now owns 1,277,016 shares of the company’s stock worth $65,000,000 after buying an additional 1,097,133 shares during the last quarter. Ameriprise Financial Inc. grew its position in VanEck High Yield Muni ETF by 38.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 568,929 shares of the company’s stock worth $28,547,000 after purchasing an additional 158,024 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in VanEck High Yield Muni ETF in the 2nd quarter worth about $7,869,000. JPMorgan Chase & Co. increased its stake in shares of VanEck High Yield Muni ETF by 231.9% in the second quarter. JPMorgan Chase & Co. now owns 168,997 shares of the company’s stock valued at $8,485,000 after purchasing an additional 118,079 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in shares of VanEck High Yield Muni ETF by 68.9% during the second quarter. Osaic Holdings Inc. now owns 280,062 shares of the company’s stock valued at $14,146,000 after buying an additional 114,232 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of HYD stock opened at $50.97 on Wednesday. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month high of $53.10. The business has a 50 day simple moving average of $51.10 and a 200 day simple moving average of $50.47.

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.