Nwam LLC Increases Position in VanEck High Yield Muni ETF $HYD

Nwam LLC boosted its position in VanEck High Yield Muni ETF (BATS:HYD) by 22.7% during the second quarter, Holdings Channel reports. The fund owned 25,438 shares of the company’s stock after acquiring an additional 4,709 shares during the period. Nwam LLC’s holdings in VanEck High Yield Muni ETF were worth $1,247,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Wealthspire Advisors LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 372.5% in the 1st quarter. Wealthspire Advisors LLC now owns 467,955 shares of the company’s stock worth $23,950,000 after purchasing an additional 368,926 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of VanEck High Yield Muni ETF by 427.3% during the 1st quarter. Jane Street Group LLC now owns 240,951 shares of the company’s stock valued at $12,332,000 after buying an additional 195,254 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in VanEck High Yield Muni ETF in the 2nd quarter worth approximately $7,869,000. Merit Financial Group LLC boosted its stake in VanEck High Yield Muni ETF by 159.1% in the second quarter. Merit Financial Group LLC now owns 124,718 shares of the company’s stock worth $6,262,000 after buying an additional 76,576 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in VanEck High Yield Muni ETF by 4.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,717,156 shares of the company’s stock worth $87,884,000 after buying an additional 76,501 shares in the last quarter.

VanEck High Yield Muni ETF Trading Down 0.7%

Shares of BATS HYD opened at $51.01 on Wednesday. VanEck High Yield Muni ETF has a one year low of $47.78 and a one year high of $53.10. The firm’s 50 day simple moving average is $50.81 and its two-hundred day simple moving average is $50.04.

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.