Ocean Park Asset Management LLC bought a new position in VanEck High Yield Muni ETF (BATS:HYD – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 665,700 shares of the company’s stock, valued at approximately $34,290,000. VanEck High Yield Muni ETF comprises about 1.7% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 13th largest holding. Ocean Park Asset Management LLC owned about 1.01% of VanEck High Yield Muni ETF at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. lifted its holdings in shares of VanEck High Yield Muni ETF by 11.5% during the 4th quarter. NBC Securities Inc. now owns 1,906 shares of the company’s stock valued at $97,000 after buying an additional 196 shares during the last quarter. Accredited Investor Services LLC increased its holdings in VanEck High Yield Muni ETF by 3.0% in the fourth quarter. Accredited Investor Services LLC now owns 8,213 shares of the company’s stock worth $420,000 after buying an additional 238 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in VanEck High Yield Muni ETF by 5.1% in the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 5,424 shares of the company’s stock worth $277,000 after buying an additional 263 shares during the last quarter. Balefire LLC raised its position in VanEck High Yield Muni ETF by 3.7% during the first quarter. Balefire LLC now owns 7,494 shares of the company’s stock valued at $376,000 after acquiring an additional 267 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in VanEck High Yield Muni ETF by 4.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 6,086 shares of the company’s stock valued at $311,000 after acquiring an additional 267 shares in the last quarter.
VanEck High Yield Muni ETF Stock Performance
BATS HYD opened at $50.45 on Wednesday. VanEck High Yield Muni ETF has a 12-month low of $49.08 and a 12-month high of $51.68. The company has a 50 day moving average price of $51.04 and a two-hundred day moving average price of $50.97.
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.
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