Williams & Novak LLC Acquires 3,130 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Williams & Novak LLC raised its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 11.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 29,759 shares of the company’s stock after purchasing an additional 3,130 shares during the period. VanEck High Yield Muni ETF accounts for about 1.5% of Williams & Novak LLC’s portfolio, making the stock its 18th largest position. Williams & Novak LLC’s holdings in VanEck High Yield Muni ETF were worth $1,545,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Thrivent Financial for Lutherans boosted its position in VanEck High Yield Muni ETF by 48.6% during the second quarter. Thrivent Financial for Lutherans now owns 14,080 shares of the company’s stock valued at $727,000 after purchasing an additional 4,608 shares in the last quarter. Creative Planning raised its holdings in VanEck High Yield Muni ETF by 160.3% in the second quarter. Creative Planning now owns 21,033 shares of the company’s stock worth $1,086,000 after purchasing an additional 12,954 shares in the last quarter. Invst LLC purchased a new stake in shares of VanEck High Yield Muni ETF during the second quarter valued at about $428,000. Cetera Investment Advisers boosted its holdings in shares of VanEck High Yield Muni ETF by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 246,280 shares of the company’s stock valued at $12,720,000 after buying an additional 7,828 shares in the last quarter. Finally, Kestra Investment Management LLC purchased a new position in shares of VanEck High Yield Muni ETF in the 2nd quarter worth approximately $5,232,000.

VanEck High Yield Muni ETF Price Performance

BATS HYD opened at $51.84 on Wednesday. The stock’s 50 day moving average price is $52.04 and its 200 day moving average price is $52.29.

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.