Nwam LLC Boosts Holdings in VanEck High Yield Muni ETF $HYD

Nwam LLC raised its position in VanEck High Yield Muni ETF (BATS:HYD) by 22.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,438 shares of the company’s stock after purchasing an additional 4,709 shares during the period. Nwam LLC’s holdings in VanEck High Yield Muni ETF were worth $1,247,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HYD. Revolve Wealth Partners LLC raised its position 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 buying an additional 10,798 shares in the last quarter. Principal Financial Group Inc. purchased a new position in VanEck High Yield Muni ETF during the first quarter worth about $906,000. Allworth Financial LP increased its stake in VanEck High Yield Muni ETF by 39.9% in the 1st quarter. Allworth Financial LP now owns 1,564 shares of the company’s stock worth $78,000 after acquiring an additional 446 shares during the last quarter. Cerity Partners LLC increased its stake in VanEck High Yield Muni ETF by 19.0% in the 1st quarter. Cerity Partners LLC now owns 13,704 shares of the company’s stock worth $701,000 after acquiring an additional 2,192 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of VanEck High Yield Muni ETF by 2.8% in the 1st quarter. CWM LLC now owns 183,445 shares of the company’s stock valued at $9,389,000 after acquiring an additional 5,006 shares in the last quarter.

VanEck High Yield Muni ETF Trading Down 0.7%

Shares of HYD opened at $51.01 on Wednesday. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month high of $53.10. The stock has a 50-day moving average price of $50.81 and a 200-day moving average price of $50.04.

About VanEck High Yield Muni ETF

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.