Riversedge Advisors LLC boosted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD – Free Report) by 4.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 65,668 shares of the company’s stock after acquiring an additional 3,001 shares during the quarter. VanEck High Yield Muni ETF makes up 0.8% of Riversedge Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Riversedge Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $3,409,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in HYD. Moser Wealth Advisors LLC purchased a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at $53,000. Farther Finance Advisors LLC grew its position in VanEck High Yield Muni ETF by 1,541.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock valued at $85,000 after acquiring an additional 1,511 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in VanEck High Yield Muni ETF during the third quarter worth about $198,000. Coastline Trust Co acquired a new stake in shares of VanEck High Yield Muni ETF during the third quarter worth about $224,000. Finally, Breakwater Capital Group boosted its stake in shares of VanEck High Yield Muni ETF by 10.7% in the fourth quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock valued at $228,000 after purchasing an additional 422 shares during the period.
VanEck High Yield Muni ETF Stock Up 0.6 %
Shares of HYD stock opened at $51.63 on Friday. The company has a fifty day simple moving average of $52.09 and a 200 day simple moving average of $52.29.
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.
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Want to see what other hedge funds are holding HYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck High Yield Muni ETF (BATS:HYD – Free Report).
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