VanEck High Yield Muni ETF (BATS:HYD) Shares Acquired by FC Advisory LLC

FC Advisory LLC increased its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 6.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 19,198 shares of the company’s stock after purchasing an additional 1,227 shares during the quarter. FC Advisory LLC’s holdings in VanEck High Yield Muni ETF were worth $983,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its position in VanEck High Yield Muni ETF by 179,713.4% in the fourth quarter. Wealthfront Advisers LLC now owns 39,219,100 shares of the company’s stock valued at $2,035,863,000 after buying an additional 39,197,289 shares during the last quarter. Bank of America Corp DE raised its stake in shares of VanEck High Yield Muni ETF by 8.7% in the 4th quarter. Bank of America Corp DE now owns 9,872,069 shares of the company’s stock valued at $512,459,000 after acquiring an additional 790,557 shares during the period. Sei Investments Co. lifted its holdings in shares of VanEck High Yield Muni ETF by 4.6% in the 4th quarter. Sei Investments Co. now owns 3,248,541 shares of the company’s stock worth $168,632,000 after acquiring an additional 141,388 shares during the last quarter. FMR LLC lifted its holdings in shares of VanEck High Yield Muni ETF by 132.1% in the 4th quarter. FMR LLC now owns 1,782,883 shares of the company’s stock worth $92,549,000 after acquiring an additional 1,014,701 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in shares of VanEck High Yield Muni ETF by 4.7% during the 4th quarter. Royal Bank of Canada now owns 1,678,884 shares of the company’s stock worth $87,149,000 after purchasing an additional 75,221 shares during the period.

VanEck High Yield Muni ETF Price Performance

Shares of BATS HYD opened at $49.94 on Friday. VanEck High Yield Muni ETF has a 52-week low of $47.78 and a 52-week high of $53.10. The business’s 50 day moving average is $50.06 and its two-hundred day moving average is $51.33.

VanEck High Yield Muni ETF Company 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.