Sage Mountain Advisors LLC Has $1.66 Million Holdings in VanEck High Yield Muni ETF $HYD

Sage Mountain Advisors LLC cut its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 2.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,045 shares of the company’s stock after selling 775 shares during the quarter. Sage Mountain Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $1,659,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Seamount Financial Group Inc. raised its position in VanEck High Yield Muni ETF by 4.2% in the second quarter. Seamount Financial Group Inc. now owns 7,150 shares of the company’s stock valued at $359,000 after purchasing an additional 289 shares during the last quarter. CreativeOne Wealth LLC raised its position in VanEck High Yield Muni ETF by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 20,960 shares of the company’s stock valued at $1,073,000 after purchasing an additional 312 shares during the last quarter. Valmark Advisers Inc. raised its position in VanEck High Yield Muni ETF by 0.8% in the second quarter. Valmark Advisers Inc. now owns 39,428 shares of the company’s stock valued at $1,980,000 after purchasing an additional 320 shares during the last quarter. DAVENPORT & Co LLC raised its position in VanEck High Yield Muni ETF by 3.6% in the first quarter. DAVENPORT & Co LLC now owns 11,540 shares of the company’s stock valued at $591,000 after purchasing an additional 400 shares during the last quarter. Finally, Allworth Financial LP raised its position in VanEck High Yield Muni ETF by 39.9% in the first quarter. Allworth Financial LP now owns 1,564 shares of the company’s stock valued at $78,000 after purchasing an additional 446 shares during the last quarter.

VanEck High Yield Muni ETF Trading Down 0.3%

VanEck High Yield Muni ETF stock opened at $51.20 on Friday. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month high of $53.10. The stock has a 50-day moving average price of $50.40 and a two-hundred day moving average price of $49.92.

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.