Global Wealth Strategies & Associates Takes $290,000 Position in VanEck High Yield Muni ETF (BATS:HYD)

Global Wealth Strategies & Associates bought a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 5,592 shares of the company’s stock, valued at approximately $290,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Summit Financial LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the second quarter worth $477,000. Magnus Financial Group LLC lifted its holdings in shares of VanEck High Yield Muni ETF by 57.4% in the 2nd quarter. Magnus Financial Group LLC now owns 15,451 shares of the company’s stock valued at $798,000 after buying an additional 5,635 shares during the period. Larson Financial Group LLC boosted its stake in shares of VanEck High Yield Muni ETF by 13,241.7% in the second quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock worth $83,000 after buying an additional 1,589 shares during the last quarter. Victory Capital Management Inc. purchased a new stake in shares of VanEck High Yield Muni ETF in the second quarter worth about $2,066,000. Finally, Farmers & Merchants Investments Inc. purchased a new position in VanEck High Yield Muni ETF during the second quarter valued at approximately $111,000.

VanEck High Yield Muni ETF Price Performance

Shares of VanEck High Yield Muni ETF stock traded up $0.11 on Thursday, reaching $51.91. The company’s stock had a trading volume of 781,091 shares. The business has a 50-day simple moving average of $52.17 and a 200-day simple moving average of $52.31.

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.