RFG Advisory LLC Sells 6,631 Shares of VanEck High Yield Muni ETF $HYD

RFG Advisory LLC reduced its stake in VanEck High Yield Muni ETF (BATS:HYD) by 51.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,314 shares of the company’s stock after selling 6,631 shares during the period. RFG Advisory LLC’s holdings in VanEck High Yield Muni ETF were worth $317,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of HYD. Simplex Trading LLC bought a new position in shares of VanEck High Yield Muni ETF during the first quarter valued at approximately $40,000. AlphaCore Capital LLC bought a new position in shares of VanEck High Yield Muni ETF during the first quarter valued at approximately $49,000. Ameritas Advisory Services LLC bought a new position in shares of VanEck High Yield Muni ETF during the second quarter valued at approximately $56,000. Rossby Financial LCC bought a new position in shares of VanEck High Yield Muni ETF during the first quarter valued at approximately $64,000. Finally, Capital Investment Advisory Services LLC increased its stake in shares of VanEck High Yield Muni ETF by 148.1% during the first quarter. Capital Investment Advisory Services LLC now owns 1,315 shares of the company’s stock valued at $67,000 after purchasing an additional 785 shares in the last quarter.

VanEck High Yield Muni ETF Stock Down 0.6%

Shares of BATS HYD opened at $51.04 on Monday. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week high of $53.10. The company has a 50 day simple moving average of $50.22 and a two-hundred day simple moving average of $49.88.

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.