Royal Bank of Canada Sells 13,985 Shares of VanEck High Yield Muni ETF $HYD

Royal Bank of Canada lowered its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 0.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,868,375 shares of the company’s stock after selling 13,985 shares during the quarter. Royal Bank of Canada’s holdings in VanEck High Yield Muni ETF were worth $93,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Revolve Wealth Partners LLC increased its stake in VanEck High Yield Muni ETF by 6.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 191,107 shares of the company’s stock valued at $9,920,000 after purchasing an additional 10,798 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of VanEck High Yield Muni ETF by 67.2% in the second quarter. Qube Research & Technologies Ltd now owns 11,227 shares of the company’s stock valued at $564,000 after buying an additional 4,514 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF by 33.1% in the second quarter. NewEdge Advisors LLC now owns 20,738 shares of the company’s stock valued at $1,041,000 after buying an additional 5,159 shares in the last quarter. Diversify Advisory Services LLC acquired a new position in shares of VanEck High Yield Muni ETF during the second quarter valued at about $225,000. Finally, Ameriprise Financial Inc. grew its holdings in shares of VanEck High Yield Muni ETF by 38.5% during the second quarter. Ameriprise Financial Inc. now owns 568,929 shares of the company’s stock valued at $28,547,000 after buying an additional 158,024 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

BATS:HYD opened at $50.22 on Friday. VanEck High Yield Muni ETF has a one year low of $49.08 and a one year high of $51.68. The firm has a 50-day moving average of $51.15 and a 200-day moving average of $51.02.

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.