Sanctuary Advisors LLC Buys 45,842 Shares of VanEck High Yield Muni ETF $HYD

Sanctuary Advisors LLC grew its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 61.2% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 120,711 shares of the company’s stock after buying an additional 45,842 shares during the period. Sanctuary Advisors LLC owned approximately 0.18% of VanEck High Yield Muni ETF worth $6,052,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Avantax Planning Partners Inc. grew its position in VanEck High Yield Muni ETF by 26.4% during the first quarter. Avantax Planning Partners Inc. now owns 211,755 shares of the company’s stock worth $10,617,000 after buying an additional 44,164 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of VanEck High Yield Muni ETF by 158.7% in the 1st quarter. Principal Financial Group Inc. now owns 32,604 shares of the company’s stock worth $1,635,000 after acquiring an additional 20,000 shares during the period. Brindle & Bay Financial Advisors LLC grew its holdings in shares of VanEck High Yield Muni ETF by 40.0% during the 1st quarter. Brindle & Bay Financial Advisors LLC now owns 25,583 shares of the company’s stock worth $1,283,000 after purchasing an additional 7,303 shares in the last quarter. Procyon Advisors LLC grew its holdings in shares of VanEck High Yield Muni ETF by 27.4% during the 1st quarter. Procyon Advisors LLC now owns 5,318 shares of the company’s stock worth $267,000 after purchasing an additional 1,144 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of VanEck High Yield Muni ETF by 24.2% during the first quarter. International Assets Investment Management LLC now owns 1,757 shares of the company’s stock valued at $89,000 after purchasing an additional 342 shares during the period.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS HYD opened at $51.05 on Friday. VanEck High Yield Muni ETF has a one year low of $48.85 and a one year high of $51.68. The business has a fifty day simple moving average of $51.21 and a 200 day simple moving average of $51.07.

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.