GoalVest Advisory LLC Makes New Investment in VanEck High Yield Muni ETF $HYD

GoalVest Advisory LLC purchased a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,900 shares of the company’s stock, valued at approximately $95,000.

Other institutional investors also recently bought and sold shares of the company. Bessemer Group Inc. purchased a new stake in VanEck High Yield Muni ETF during the 1st quarter worth about $125,000. Principal Financial Group Inc. purchased a new stake in VanEck High Yield Muni ETF during the 1st quarter worth about $906,000. DAVENPORT & Co LLC lifted its holdings in VanEck High Yield Muni ETF by 3.6% during the 1st quarter. DAVENPORT & Co LLC now owns 11,540 shares of the company’s stock worth $591,000 after buying an additional 400 shares during the last quarter. Cerity Partners LLC lifted its holdings in VanEck High Yield Muni ETF by 19.0% during the 1st quarter. Cerity Partners LLC now owns 13,704 shares of the company’s stock worth $701,000 after buying an additional 2,192 shares during the last quarter. Finally, Simplex Trading LLC purchased a new stake in VanEck High Yield Muni ETF during the 1st quarter worth about $40,000.

VanEck High Yield Muni ETF Price Performance

VanEck High Yield Muni ETF stock opened at $51.22 on Tuesday. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week high of $53.10. The stock has a 50-day simple moving average of $50.44 and a 200-day simple moving average of $49.94.

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.