VanEck High Yield Muni ETF $HYD Shares Purchased by IFG Advisory LLC

IFG Advisory LLC increased its stake in VanEck High Yield Muni ETF (BATS:HYD) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,404 shares of the company’s stock after purchasing an additional 1,913 shares during the quarter. IFG Advisory LLC owned about 0.14% of VanEck High Yield Muni ETF worth $4,489,000 at the end of the most recent quarter.

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

VanEck High Yield Muni ETF Stock Down 0.4%

Shares of HYD opened at $51.13 on Friday. The firm’s 50 day moving average is $50.56 and its 200-day moving average is $49.97. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month high of $53.10.

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.