Flagship Harbor Advisors LLC Buys New Stake in VanEck High Yield Muni ETF (BATS:HYD)

Flagship Harbor Advisors LLC purchased a new stake in VanEck High Yield Muni ETF (BATS:HYD) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 6,246 shares of the company’s stock, valued at approximately $324,000.

Other hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management acquired a new stake in shares of VanEck High Yield Muni ETF in the fourth quarter valued at about $523,000. Arkadios Wealth Advisors acquired a new stake in VanEck High Yield Muni ETF in the fourth quarter valued at approximately $315,000. Westside Investment Management Inc. raised its stake in shares of VanEck High Yield Muni ETF by 12.8% during the fourth quarter. Westside Investment Management Inc. now owns 26,099 shares of the company’s stock valued at $1,355,000 after purchasing an additional 2,966 shares during the period. D.A. Davidson & CO. lifted its position in shares of VanEck High Yield Muni ETF by 4.1% during the third quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock worth $551,000 after purchasing an additional 408 shares in the last quarter. Finally, Insigneo Advisory Services LLC boosted its stake in shares of VanEck High Yield Muni ETF by 52.0% in the third quarter. Insigneo Advisory Services LLC now owns 18,774 shares of the company’s stock valued at $996,000 after purchasing an additional 6,420 shares during the period.

VanEck High Yield Muni ETF Trading Up 0.7 %

VanEck High Yield Muni ETF stock opened at $51.72 on Thursday. The business’s 50-day moving average price is $52.03 and its two-hundred day moving average price is $52.28.

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.