VanEck High Yield Muni ETF $HYD Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 59.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,300 shares of the company’s stock after selling 43,623 shares during the period. Renaissance Technologies LLC’s holdings in VanEck High Yield Muni ETF were worth $1,519,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in HYD. Brindle & Bay Financial Advisors LLC bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter worth about $934,000. Diversified Enterprises LLC increased its stake in VanEck High Yield Muni ETF by 93.7% in the fourth quarter. Diversified Enterprises LLC now owns 31,606 shares of the company’s stock valued at $1,616,000 after acquiring an additional 15,293 shares during the period. Forum Financial Management LP increased its stake in VanEck High Yield Muni ETF by 1.7% in the first quarter. Forum Financial Management LP now owns 1,273,542 shares of the company’s stock valued at $63,855,000 after acquiring an additional 21,471 shares during the period. Ameritas Advisory Services LLC increased its stake in VanEck High Yield Muni ETF by 1,323.6% in the fourth quarter. Ameritas Advisory Services LLC now owns 15,332 shares of the company’s stock valued at $784,000 after acquiring an additional 14,255 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in VanEck High Yield Muni ETF by 4.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,040,068 shares of the company’s stock worth $104,288,000 after purchasing an additional 79,434 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD opened at $50.46 on Thursday. VanEck High Yield Muni ETF has a 12 month low of $49.08 and a 12 month high of $51.68. The company has a 50-day moving average price of $51.02 and a two-hundred day moving average price of $50.96.

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.