Retirement Investment Advisors Inc. Acquires 12,657 Shares of VanEck High Yield Muni ETF $HYD

Retirement Investment Advisors Inc. raised its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 10.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 134,974 shares of the company’s stock after acquiring an additional 12,657 shares during the period. VanEck High Yield Muni ETF comprises about 0.6% of Retirement Investment Advisors Inc.’s investment portfolio, making the stock its 12th largest holding. Retirement Investment Advisors Inc.’s holdings in VanEck High Yield Muni ETF were worth $6,870,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of VanEck High Yield Muni ETF by 4.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,790,742 shares of the company’s stock valued at $89,913,000 after purchasing an additional 73,586 shares during the period. Forum Financial Management LP lifted its stake in VanEck High Yield Muni ETF by 609.9% in the third quarter. Forum Financial Management LP now owns 1,277,016 shares of the company’s stock valued at $65,000,000 after buying an additional 1,097,133 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of VanEck High Yield Muni ETF by 4.6% in the second quarter. Assetmark Inc. now owns 1,216,907 shares of the company’s stock valued at $61,101,000 after buying an additional 53,682 shares during the period. Commonwealth Equity Services LLC increased its position in shares of VanEck High Yield Muni ETF by 3.9% during the second quarter. Commonwealth Equity Services LLC now owns 1,011,144 shares of the company’s stock worth $50,770,000 after acquiring an additional 37,887 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of VanEck High Yield Muni ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 617,071 shares of the company’s stock worth $30,983,000 after acquiring an additional 48,879 shares during the period.

VanEck High Yield Muni ETF Stock Up 0.1%

HYD stock opened at $51.39 on Friday. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week high of $53.10. The business has a 50-day moving average of $51.09 and a 200-day moving average of $50.45.

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.