TIAA Trust National Association Sells 34,394 Shares of VanEck High Yield Muni ETF $HYD

TIAA Trust National Association decreased its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 5.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 568,072 shares of the company’s stock after selling 34,394 shares during the quarter. TIAA Trust National Association’s holdings in VanEck High Yield Muni ETF were worth $29,040,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE grew its position in shares of VanEck High Yield Muni ETF by 7.4% during the 3rd quarter. Bank of America Corp DE now owns 16,531,313 shares of the company’s stock worth $841,444,000 after buying an additional 1,133,993 shares in the last quarter. Sei Investments Co. grew its position in shares of VanEck High Yield Muni ETF by 2.9% during the 3rd quarter. Sei Investments Co. now owns 2,971,087 shares of the company’s stock worth $151,227,000 after buying an additional 83,702 shares in the last quarter. American Family Investments Inc. bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter worth $148,607,000. HighTower Advisors LLC grew its position in shares of VanEck High Yield Muni ETF by 663.5% during the 4th quarter. HighTower Advisors LLC now owns 2,499,427 shares of the company’s stock worth $127,771,000 after buying an additional 2,172,057 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of VanEck High Yield Muni ETF by 4.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,040,068 shares of the company’s stock worth $104,288,000 after buying an additional 79,434 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

HYD opened at $51.34 on Wednesday. VanEck High Yield Muni ETF has a 12-month low of $48.85 and a 12-month high of $51.66. The business’s fifty day simple moving average is $50.96 and its 200-day simple moving average is $51.00.

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.