Talon Private Wealth LLC Makes New Investment in VanEck High Yield Muni ETF $HYD

Talon Private Wealth LLC acquired a new position in VanEck High Yield Muni ETF (BATS:HYD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,995 shares of the company’s stock, valued at approximately $1,081,000.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in VanEck High Yield Muni ETF by 18.5% during the first quarter. Bank of America Corp DE now owns 20,710,046 shares of the company’s stock valued at $1,038,402,000 after purchasing an additional 3,239,944 shares in the last quarter. Sei Investments Co. boosted its position in shares of VanEck High Yield Muni ETF by 8.2% in the first quarter. Sei Investments Co. now owns 3,507,629 shares of the company’s stock worth $175,868,000 after purchasing an additional 264,550 shares during the period. HighTower Advisors LLC increased its stake in shares of VanEck High Yield Muni ETF by 663.5% in the fourth quarter. HighTower Advisors LLC now owns 2,499,427 shares of the company’s stock worth $127,771,000 after purchasing an additional 2,172,057 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of 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. Finally, Goldman Sachs Group Inc. raised its position in shares of VanEck High Yield Muni ETF by 126.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,507,331 shares of the company’s stock valued at $77,055,000 after purchasing an additional 841,078 shares during the period.

VanEck High Yield Muni ETF Stock Up 0.2%

Shares of HYD traded up $0.12 during trading hours on Friday, reaching $49.05. 2,566,758 shares of the stock traded hands, compared to its average volume of 891,692. The company’s 50-day moving average price is $50.40 and its two-hundred day moving average price is $50.78. VanEck High Yield Muni ETF has a 52-week low of $48.80 and a 52-week high of $51.68.

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.