Seamount Financial Group Inc. Buys 289 Shares of VanEck High Yield Muni ETF $HYD

Seamount Financial Group Inc. boosted its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 4.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,150 shares of the company’s stock after acquiring an additional 289 shares during the quarter. Seamount Financial Group Inc.’s holdings in VanEck High Yield Muni ETF were worth $359,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of HYD. Wealthspire Advisors LLC lifted its position in shares of VanEck High Yield Muni ETF by 372.5% in the first quarter. Wealthspire Advisors LLC now owns 467,955 shares of the company’s stock valued at $23,950,000 after acquiring an additional 368,926 shares in the last quarter. Jane Street Group LLC increased its position in VanEck High Yield Muni ETF by 427.3% during the first quarter. Jane Street Group LLC now owns 240,951 shares of the company’s stock valued at $12,332,000 after acquiring an additional 195,254 shares during the last quarter. OneDigital Investment Advisors LLC raised its holdings in shares of VanEck High Yield Muni ETF by 467.6% in the first quarter. OneDigital Investment Advisors LLC now owns 201,953 shares of the company’s stock worth $10,336,000 after buying an additional 166,373 shares during the period. Merit Financial Group LLC boosted its stake in shares of VanEck High Yield Muni ETF by 159.1% during the second quarter. Merit Financial Group LLC now owns 124,718 shares of the company’s stock valued at $6,262,000 after purchasing an additional 76,576 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in 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 purchasing an additional 76,501 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of BATS:HYD opened at $50.69 on Tuesday. VanEck High Yield Muni ETF has a 52 week low of $47.78 and a 52 week high of $53.10. The firm has a 50 day moving average of $49.93 and a 200 day moving average of $49.90.

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.