VanEck High Yield Muni ETF $HYD Stake Lifted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 15.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,419 shares of the company’s stock after acquiring an additional 11,743 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in VanEck High Yield Muni ETF were worth $4,434,000 at the end of the most recent reporting period.

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

VanEck High Yield Muni ETF Price Performance

HYD stock opened at $51.24 on Tuesday. 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 simple moving average of $51.13 and a 200 day simple moving average of $50.50.

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.