Park Avenue Securities LLC Decreases Stake in VanEck High Yield Muni ETF (BATS:HYD)

Park Avenue Securities LLC lowered its stake in VanEck High Yield Muni ETF (BATS:HYD) by 13.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 40,092 shares of the company’s stock after selling 6,485 shares during the quarter. Park Avenue Securities LLC’s holdings in VanEck High Yield Muni ETF were worth $2,081,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in HYD. Moser Wealth Advisors LLC purchased a new position in shares of VanEck High Yield Muni ETF in the third quarter worth $53,000. Farther Finance Advisors LLC increased its position in shares of VanEck High Yield Muni ETF by 1,541.8% in the third quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock valued at $85,000 after acquiring an additional 1,511 shares during the period. EP Wealth Advisors LLC bought a new position in shares of VanEck High Yield Muni ETF during the third quarter valued at about $198,000. Coastline Trust Co purchased a new stake in shares of VanEck High Yield Muni ETF during the third quarter worth about $224,000. Finally, Choreo LLC bought a new stake in shares of VanEck High Yield Muni ETF in the second quarter worth about $217,000.

VanEck High Yield Muni ETF Trading Up 0.6 %

Shares of BATS:HYD opened at $51.63 on Friday. The firm’s 50-day simple moving average is $52.09 and its 200-day simple moving average is $52.29.

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.