VanEck High Yield Muni ETF $HYD Shares Sold by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC lessened its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 14.6% in the second quarter, Holdings Channel reports. The firm owned 14,377 shares of the company’s stock after selling 2,454 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in VanEck High Yield Muni ETF were worth $722,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of VanEck High Yield Muni ETF by 4.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,717,156 shares of the company’s stock worth $87,884,000 after acquiring an additional 76,501 shares in the last quarter. Royal Bank of Canada boosted its position in VanEck High Yield Muni ETF by 1.1% during the 1st quarter. Royal Bank of Canada now owns 1,696,780 shares of the company’s stock worth $86,842,000 after purchasing an additional 17,896 shares during the period. Assetmark Inc. increased its holdings in VanEck High Yield Muni ETF by 4.6% in the 2nd quarter. Assetmark Inc. now owns 1,216,907 shares of the company’s stock valued at $61,101,000 after purchasing an additional 53,682 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in VanEck High Yield Muni ETF by 3.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,011,144 shares of the company’s stock valued at $50,770,000 after purchasing an additional 37,887 shares in the last quarter. Finally, LPL Financial LLC raised its position in VanEck High Yield Muni ETF by 5.9% in the first quarter. LPL Financial LLC now owns 718,628 shares of the company’s stock valued at $36,779,000 after purchasing an additional 40,020 shares during the period.

VanEck High Yield Muni ETF Stock Down 0.7%

Shares of BATS HYD opened at $51.02 on Wednesday. VanEck High Yield Muni ETF has a 1-year low of $47.78 and a 1-year high of $53.10. The business has a 50-day moving average of $50.89 and a 200-day moving average of $50.06.

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.