VanEck High Yield Muni ETF $HYD Shares Acquired by Foster & Motley Inc.

Foster & Motley Inc. increased its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 11.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,994 shares of the company’s stock after purchasing an additional 1,449 shares during the quarter. Foster & Motley Inc.’s holdings in VanEck High Yield Muni ETF were worth $703,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Simplex Trading LLC acquired a new position in VanEck High Yield Muni ETF during the 1st quarter worth $40,000. AlphaCore Capital LLC purchased a new stake in shares of VanEck High Yield Muni ETF in the 1st quarter valued at about $49,000. Ameritas Advisory Services LLC purchased a new stake in shares of VanEck High Yield Muni ETF in the 2nd quarter valued at about $56,000. Rossby Financial LCC purchased a new stake in shares of VanEck High Yield Muni ETF in the 1st quarter valued at about $64,000. Finally, Capital Investment Advisory Services LLC raised its stake in VanEck High Yield Muni ETF by 148.1% during 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 0.6%

HYD opened at $51.04 on Monday. The business has a 50 day moving average price of $50.22 and a two-hundred day moving average price of $49.88. VanEck High Yield Muni ETF has a 52 week low of $47.78 and a 52 week high of $53.10.

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.