TruWealth Advisors LLC Increases Holdings in VanEck High Yield Muni ETF (BATS:HYD)

TruWealth Advisors LLC increased its position in VanEck High Yield Muni ETF (BATS:HYD) by 2.2% during the 4th quarter, Holdings Channel reports. The firm owned 65,606 shares of the company’s stock after acquiring an additional 1,419 shares during the quarter. TruWealth Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $3,406,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Moser Wealth Advisors LLC purchased a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter worth $53,000. Farther Finance Advisors LLC raised its holdings in shares of VanEck High Yield Muni ETF by 1,541.8% in the third quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock valued at $85,000 after acquiring an additional 1,511 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in VanEck High Yield Muni ETF in the third quarter worth about $198,000. Coastline Trust Co bought a new position in VanEck High Yield Muni ETF during the 3rd quarter worth about $224,000. Finally, Breakwater Capital Group increased its position in VanEck High Yield Muni ETF by 10.7% during the 4th quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock valued at $228,000 after purchasing an additional 422 shares during the period.

VanEck High Yield Muni ETF Price Performance

BATS:HYD opened at $51.63 on Friday. The firm has a 50 day simple moving average of $52.09 and a 200-day simple moving average of $52.29.

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.