Rehmann Capital Advisory Group Sells 17,815 Shares of VanEck High Yield Muni ETF $HYD

Rehmann Capital Advisory Group cut its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 71.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,292 shares of the company’s stock after selling 17,815 shares during the quarter. Rehmann Capital Advisory Group’s holdings in VanEck High Yield Muni ETF were worth $373,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE lifted its stake in VanEck High Yield Muni ETF by 7.4% in the third quarter. Bank of America Corp DE now owns 16,531,313 shares of the company’s stock valued at $841,444,000 after buying an additional 1,133,993 shares in the last quarter. Sei Investments Co. raised its holdings in shares of VanEck High Yield Muni ETF by 2.9% during the third quarter. Sei Investments Co. now owns 2,971,087 shares of the company’s stock worth $151,227,000 after acquiring an additional 83,702 shares during the period. American Family Investments Inc. acquired a new stake in shares of VanEck High Yield Muni ETF during the fourth quarter worth $148,607,000. HighTower Advisors LLC lifted its position in VanEck High Yield Muni ETF by 663.5% in the 4th quarter. HighTower Advisors LLC now owns 2,499,427 shares of the company’s stock valued at $127,771,000 after acquiring an additional 2,172,057 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in VanEck High Yield Muni ETF by 4.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,040,068 shares of the company’s stock valued at $104,288,000 after acquiring an additional 79,434 shares in the last quarter.

VanEck High Yield Muni ETF Stock Down 0.2%

Shares of BATS HYD opened at $51.39 on Tuesday. VanEck High Yield Muni ETF has a 1-year low of $48.85 and a 1-year high of $51.66. The company has a fifty day moving average price of $51.11 and a 200 day moving average price of $51.02.

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.