Oppenheimer & Co. Inc. Acquires New Stake in VanEck High Yield Muni ETF $HYD

Oppenheimer & Co. Inc. bought a new stake in VanEck High Yield Muni ETF (BATS:HYD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 16,212 shares of the company’s stock, valued at approximately $779,000.

A number of other institutional investors also recently modified their holdings of HYD. Bank of America Corp DE boosted its holdings in shares of VanEck High Yield Muni ETF by 18.5% in the 1st quarter. Bank of America Corp DE now owns 20,710,046 shares of the company’s stock worth $1,038,402,000 after acquiring an additional 3,239,944 shares in the last quarter. Sei Investments Co. increased its holdings in VanEck High Yield Muni ETF by 8.2% during the 1st quarter. Sei Investments Co. now owns 3,507,629 shares of the company’s stock valued at $175,868,000 after purchasing an additional 264,550 shares in the last quarter. Ocean Park Asset Management LLC acquired a new stake in VanEck High Yield Muni ETF during the 2nd quarter valued at $34,290,000. Revolve Wealth Partners LLC raised its position in VanEck High Yield Muni ETF by 67.7% in the 3rd quarter. Revolve Wealth Partners LLC now owns 502,716 shares of the company’s stock valued at $24,145,000 after purchasing an additional 202,907 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in VanEck High Yield Muni ETF by 1.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 433,620 shares of the company’s stock valued at $22,336,000 after purchasing an additional 7,347 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

VanEck High Yield Muni ETF stock opened at $49.02 on Wednesday. The business’s fifty day moving average is $48.88 and its two-hundred day moving average is $50.42. VanEck High Yield Muni ETF has a 52 week low of $47.49 and a 52 week high of $51.68.

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.