VanEck High Yield Muni ETF $HYD Stock: Joseph Group Capital Management Grows Stake

Joseph Group Capital Management grew its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 234.6% during the third quarter, Holdings Channel reports. The institutional investor owned 70,822 shares of the company’s stock after acquiring an additional 49,653 shares during the period. Joseph Group Capital Management’s holdings in VanEck High Yield Muni ETF were worth $3,402,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Wedmont Private Capital boosted its holdings in shares of VanEck High Yield Muni ETF by 0.5% in the second quarter. Wedmont Private Capital now owns 37,836 shares of the company’s stock valued at $1,940,000 after acquiring an additional 200 shares in the last quarter. Pinnacle Bancorp Inc. increased its stake in shares of VanEck High Yield Muni ETF by 7.3% during the third quarter. Pinnacle Bancorp Inc. now owns 3,160 shares of the company’s stock valued at $152,000 after acquiring an additional 216 shares during the period. Johnson Bixby & Associates LLC increased its stake in shares of VanEck High Yield Muni ETF by 2.8% during the third quarter. Johnson Bixby & Associates LLC now owns 8,252 shares of the company’s stock valued at $396,000 after acquiring an additional 225 shares during the period. Global Wealth Strategies & Associates raised its holdings in VanEck High Yield Muni ETF by 5.2% during the third quarter. Global Wealth Strategies & Associates now owns 5,077 shares of the company’s stock worth $244,000 after purchasing an additional 253 shares in the last quarter. Finally, Balefire LLC raised its holdings in VanEck High Yield Muni ETF by 3.7% during the first quarter. Balefire LLC now owns 7,494 shares of the company’s stock worth $376,000 after purchasing an additional 267 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

HYD opened at $49.50 on Tuesday. VanEck High Yield Muni ETF has a 1-year low of $47.49 and a 1-year high of $51.68. The business has a 50 day moving average price of $48.83 and a two-hundred day moving average price of $50.38.

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.