Accredited Investor Services LLC Increases Position in VanEck High Yield Muni ETF $HYD

Accredited Investor Services LLC boosted its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 7.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,113 shares of the company’s stock after acquiring an additional 558 shares during the period. Accredited Investor Services LLC’s holdings in VanEck High Yield Muni ETF were worth $407,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HYD. Seamount Financial Group Inc. grew its stake in shares of VanEck High Yield Muni ETF by 4.2% in the 2nd quarter. Seamount Financial Group Inc. now owns 7,150 shares of the company’s stock valued at $359,000 after buying an additional 289 shares during the period. CreativeOne Wealth LLC grew its stake in shares of VanEck High Yield Muni ETF by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 20,960 shares of the company’s stock valued at $1,073,000 after buying an additional 312 shares during the period. Valmark Advisers Inc. grew its stake in shares of VanEck High Yield Muni ETF by 0.8% in the 2nd quarter. Valmark Advisers Inc. now owns 39,428 shares of the company’s stock valued at $1,980,000 after buying an additional 320 shares during the period. United Advisor Group LLC grew its stake in shares of VanEck High Yield Muni ETF by 7.5% in the 1st quarter. United Advisor Group LLC now owns 4,909 shares of the company’s stock valued at $251,000 after buying an additional 341 shares during the period. Finally, DAVENPORT & Co LLC grew its stake in shares of VanEck High Yield Muni ETF by 3.6% in the 1st quarter. DAVENPORT & Co LLC now owns 11,540 shares of the company’s stock valued at $591,000 after buying an additional 400 shares during the period.

VanEck High Yield Muni ETF Price Performance

VanEck High Yield Muni ETF stock opened at $50.78 on Friday. The firm has a 50 day simple moving average of $50.05 and a 200-day simple moving average of $49.90. VanEck High Yield Muni ETF has a 1-year low of $47.78 and a 1-year high of $53.10.

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.