VanEck High Yield Muni ETF (BATS:HYD) Shares Sold by Proquility Private Wealth Partners LLC

Proquility Private Wealth Partners LLC reduced its stake in VanEck High Yield Muni ETF (BATS:HYD) by 32.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,603 shares of the company’s stock after selling 5,690 shares during the quarter. Proquility Private Wealth Partners LLC’s holdings in VanEck High Yield Muni ETF were worth $602,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in HYD. Renaissance Technologies LLC increased its position in shares of VanEck High Yield Muni ETF by 6.5% during the second quarter. Renaissance Technologies LLC now owns 151,800 shares of the company’s stock worth $7,840,000 after acquiring an additional 9,236 shares during the period. Thrivent Financial for Lutherans increased its holdings in VanEck High Yield Muni ETF by 48.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 14,080 shares of the company’s stock worth $727,000 after purchasing an additional 4,608 shares during the period. Insigneo Advisory Services LLC acquired a new stake in VanEck High Yield Muni ETF in the 2nd quarter valued at about $649,000. Creative Planning boosted its stake in shares of VanEck High Yield Muni ETF by 160.3% in the 2nd quarter. Creative Planning now owns 21,033 shares of the company’s stock valued at $1,086,000 after buying an additional 12,954 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of VanEck High Yield Muni ETF by 5.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock worth $78,981,000 after buying an additional 82,090 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

HYD stock opened at $51.80 on Wednesday. The stock’s fifty day moving average price is $52.08 and its 200 day moving average price is $52.30.

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.