Veery Capital LLC Purchases 5,115 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Veery Capital LLC lifted its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 5.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,042 shares of the company’s stock after acquiring an additional 5,115 shares during the period. VanEck High Yield Muni ETF makes up approximately 2.0% of Veery Capital LLC’s portfolio, making the stock its 13th biggest position. Veery Capital LLC owned approximately 0.17% of VanEck High Yield Muni ETF worth $5,141,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HYD. TruWealth Advisors LLC increased its stake in shares of VanEck High Yield Muni ETF by 2.2% in the 4th quarter. TruWealth Advisors LLC now owns 65,606 shares of the company’s stock valued at $3,406,000 after acquiring an additional 1,419 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in VanEck High Yield Muni ETF in the fourth quarter worth $315,000. Wealthcare Advisory Partners LLC increased its stake in VanEck High Yield Muni ETF by 7.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 79,457 shares of the company’s stock valued at $4,125,000 after purchasing an additional 5,179 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of VanEck High Yield Muni ETF by 2.3% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 24,994 shares of the company’s stock valued at $1,297,000 after purchasing an additional 555 shares during the period. Finally, Breakwater Capital Group boosted its position in shares of VanEck High Yield Muni ETF by 10.7% during the 4th quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock worth $228,000 after purchasing an additional 422 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of HYD opened at $51.63 on Friday. The company has a 50 day moving average price of $52.09 and a 200-day moving average price of $52.29.

VanEck High Yield Muni ETF 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.