VanEck High Yield Muni ETF $HYD Shares Bought by Laurel Oak Wealth Management LLC

Laurel Oak Wealth Management LLC raised its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 33.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,195 shares of the company’s stock after buying an additional 10,147 shares during the quarter. Laurel Oak Wealth Management LLC owned about 0.06% of VanEck High Yield Muni ETF worth $2,015,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in HYD. Boyd Watterson Asset Management LLC OH acquired a new position in shares of VanEck High Yield Muni ETF during the fourth quarter valued at about $25,000. US Bancorp DE raised its position in shares of VanEck High Yield Muni ETF by 101.1% in the 3rd quarter. US Bancorp DE now owns 539 shares of the company’s stock valued at $27,000 after purchasing an additional 271 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in VanEck High Yield Muni ETF in the 3rd quarter worth approximately $30,000. JDM Financial Group LLC acquired a new stake in VanEck High Yield Muni ETF in the 4th quarter worth approximately $38,000. Finally, Blue Trust Inc. boosted its stake in VanEck High Yield Muni ETF by 159.0% in the 1st quarter. Blue Trust Inc. now owns 1,041 shares of the company’s stock worth $52,000 after purchasing an additional 639 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

BATS:HYD opened at $51.47 on Friday. VanEck High Yield Muni ETF has a twelve month low of $48.85 and a twelve month high of $51.66. The company’s 50 day moving average is $51.14 and its two-hundred day moving average is $51.04.

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.