Sage Mountain Advisors LLC Sells 17,200 Shares of VanEck High Yield Muni ETF $HYD

Sage Mountain Advisors LLC cut its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 52.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,845 shares of the company’s stock after selling 17,200 shares during the quarter. Sage Mountain Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $807,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC lifted 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 worth $9,920,000 after acquiring an additional 10,798 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of VanEck High Yield Muni ETF by 63.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 75,676 shares of the company’s stock worth $3,796,000 after buying an additional 29,292 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in VanEck High Yield Muni ETF in the second quarter valued at about $943,000. Park Avenue Securities LLC raised its stake in shares of VanEck High Yield Muni ETF by 22.4% during the second quarter. Park Avenue Securities LLC now owns 52,554 shares of the company’s stock valued at $2,639,000 after acquiring an additional 9,631 shares during the last quarter. Finally, Kwmg LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the second quarter valued at about $391,000.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS HYD opened at $51.01 on Wednesday. VanEck High Yield Muni ETF has a 52-week low of $47.78 and a 52-week high of $53.10. The company’s 50 day moving average price is $51.10 and its 200-day moving average price is $50.47.

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.