19,700 Shares in VanEck High Yield Muni ETF $HYD Bought by Simon Quick Advisors LLC

Simon Quick Advisors LLC acquired a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 19,700 shares of the company’s stock, valued at approximately $989,000.

Several other institutional investors and hedge funds have also modified their holdings of HYD. Wealthspire Advisors LLC lifted its position in shares of VanEck High Yield Muni ETF by 372.5% during the 1st quarter. Wealthspire Advisors LLC now owns 467,955 shares of the company’s stock worth $23,950,000 after buying an additional 368,926 shares during the last quarter. Jane Street Group LLC lifted its position in shares of VanEck High Yield Muni ETF by 427.3% during the 1st quarter. Jane Street Group LLC now owns 240,951 shares of the company’s stock worth $12,332,000 after buying an additional 195,254 shares during the last quarter. OneDigital Investment Advisors LLC lifted its position in shares of VanEck High Yield Muni ETF by 467.6% during the 1st quarter. OneDigital Investment Advisors LLC now owns 201,953 shares of the company’s stock worth $10,336,000 after buying an additional 166,373 shares during the last quarter. Merit Financial Group LLC lifted its position in shares of VanEck High Yield Muni ETF by 159.1% during the 2nd quarter. Merit Financial Group LLC now owns 124,718 shares of the company’s stock worth $6,262,000 after buying an additional 76,576 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of VanEck High Yield Muni ETF by 4.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,717,156 shares of the company’s stock worth $87,884,000 after buying an additional 76,501 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD stock opened at $51.18 on Friday. VanEck High Yield Muni ETF has a twelve month low of $47.78 and a twelve month high of $53.10. The business has a fifty day simple moving average of $50.60 and a 200 day simple moving average of $49.99.

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.