Capital Advisors Wealth Management LLC Decreases Stake in VanEck High Yield Muni ETF (BATS:HYD)

Capital Advisors Wealth Management LLC lessened its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 29.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,142 shares of the company’s stock after selling 10,877 shares during the quarter. Capital Advisors Wealth Management LLC’s holdings in VanEck High Yield Muni ETF were worth $1,357,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of HYD. Sei Investments Co. grew its stake in shares of VanEck High Yield Muni ETF by 7.7% during the second quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock valued at $196,067,000 after acquiring an additional 270,773 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in VanEck High Yield Muni ETF by 5.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock valued at $78,981,000 after purchasing an additional 82,090 shares in the last quarter. Grimes & Company Inc. increased its holdings in VanEck High Yield Muni ETF by 2.3% during the 3rd quarter. Grimes & Company Inc. now owns 1,138,643 shares of the company’s stock worth $60,428,000 after purchasing an additional 25,109 shares during the last quarter. Assetmark Inc. increased its holdings in VanEck High Yield Muni ETF by 4.9% during the 3rd quarter. Assetmark Inc. now owns 1,053,426 shares of the company’s stock worth $55,905,000 after purchasing an additional 49,277 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of VanEck High Yield Muni ETF by 10.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 905,340 shares of the company’s stock valued at $48,046,000 after purchasing an additional 86,526 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

VanEck High Yield Muni ETF stock opened at $51.62 on Friday. The firm’s 50 day simple moving average is $52.10 and its 200 day simple moving average 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.