Benjamin Edwards Inc. Makes New $2.08 Million Investment in VanEck High Yield Muni ETF (BATS:HYD)

Benjamin Edwards Inc. bought a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 39,210 shares of the company’s stock, valued at approximately $2,081,000.

Several other hedge funds also recently modified their holdings of HYD. Cetera Advisors LLC grew its holdings in shares of VanEck High Yield Muni ETF by 44.8% in the 1st quarter. Cetera Advisors LLC now owns 23,822 shares of the company’s stock valued at $1,245,000 after acquiring an additional 7,365 shares in the last quarter. Simplicity Wealth LLC bought a new position in shares of VanEck High Yield Muni ETF in the 2nd quarter valued at about $1,465,000. Csenge Advisory Group grew its holdings in shares of VanEck High Yield Muni ETF by 22.0% in the 2nd quarter. Csenge Advisory Group now owns 20,186 shares of the company’s stock valued at $1,043,000 after acquiring an additional 3,638 shares in the last quarter. WBH Advisory Inc. grew its holdings in shares of VanEck High Yield Muni ETF by 7.9% in the 2nd quarter. WBH Advisory Inc. now owns 5,827 shares of the company’s stock valued at $301,000 after acquiring an additional 429 shares in the last quarter. Finally, Atlas Private Wealth Advisors grew its holdings in shares of VanEck High Yield Muni ETF by 94.5% in the 2nd quarter. Atlas Private Wealth Advisors now owns 17,924 shares of the company’s stock valued at $926,000 after acquiring an additional 8,709 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of BATS HYD opened at $52.76 on Thursday. The firm has a fifty day moving average of $52.45 and a 200-day moving average of $52.26.

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.