Principal Financial Group Inc. Purchases 20,000 Shares of VanEck High Yield Muni ETF $HYD

Principal Financial Group Inc. grew its position in VanEck High Yield Muni ETF (BATS:HYDFree Report) by 158.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,604 shares of the company’s stock after buying an additional 20,000 shares during the quarter. Principal Financial Group Inc.’s holdings in VanEck High Yield Muni ETF were worth $1,635,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in HYD. Revolve Wealth Partners LLC raised its holdings in shares of VanEck High Yield Muni ETF by 6.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 191,107 shares of the company’s stock valued at $9,920,000 after acquiring an additional 10,798 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in VanEck High Yield Muni ETF by 67.2% in the second quarter. Qube Research & Technologies Ltd now owns 11,227 shares of the company’s stock worth $564,000 after acquiring an additional 4,514 shares during the period. NewEdge Advisors LLC grew its holdings in VanEck High Yield Muni ETF by 33.1% during the 2nd quarter. NewEdge Advisors LLC now owns 20,738 shares of the company’s stock worth $1,041,000 after acquiring an additional 5,159 shares in the last quarter. Diversify Advisory Services LLC bought a new position in VanEck High Yield Muni ETF during the 2nd quarter worth about $225,000. Finally, Ameriprise Financial Inc. increased its position in VanEck High Yield Muni ETF by 38.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 568,929 shares of the company’s stock valued at $28,547,000 after purchasing an additional 158,024 shares during the period.

VanEck High Yield Muni ETF Price Performance

BATS HYD opened at $50.27 on Friday. VanEck High Yield Muni ETF has a one year low of $49.08 and a one year high of $51.68. The company’s 50-day simple moving average is $51.17 and its two-hundred day simple moving average is $51.02.

About VanEck High Yield Muni ETF

(Free Report)

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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Institutional Ownership by Quarter for VanEck High Yield Muni ETF (BATS:HYD)

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