Williams & Novak LLC Boosts Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

Williams & Novak LLC boosted its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,759 shares of the company’s stock after purchasing an additional 3,130 shares during the quarter. VanEck High Yield Muni ETF comprises about 1.5% of Williams & Novak LLC’s investment portfolio, making the stock its 18th largest position. Williams & Novak LLC owned about 0.05% of VanEck High Yield Muni ETF worth $1,545,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of HYD. Grimes & Company Inc. lifted its position in VanEck High Yield Muni ETF by 4.4% in the fourth quarter. Grimes & Company Inc. now owns 1,189,221 shares of the company’s stock worth $61,732,000 after buying an additional 50,578 shares during the last quarter. Assetmark Inc. increased its position in VanEck High Yield Muni ETF by 4.9% during the third quarter. Assetmark Inc. now owns 1,053,426 shares of the company’s stock valued at $55,905,000 after acquiring an additional 49,277 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of VanEck High Yield Muni ETF by 10.6% in the third quarter. Commonwealth Equity Services LLC now owns 905,340 shares of the company’s stock valued at $48,046,000 after acquiring an additional 86,526 shares during the period. Forum Financial Management LP lifted its holdings in shares of VanEck High Yield Muni ETF by 6.0% in the 3rd quarter. Forum Financial Management LP now owns 643,392 shares of the company’s stock worth $34,145,000 after acquiring an additional 36,316 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of VanEck High Yield Muni ETF by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 246,280 shares of the company’s stock worth $12,720,000 after acquiring an additional 7,828 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS:HYD opened at $51.84 on Wednesday. The firm’s 50 day moving average price is $52.04 and its 200-day moving average price is $52.29.

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.