Arkadios Wealth Advisors Takes $315,000 Position in VanEck High Yield Muni ETF (BATS:HYD)

Arkadios Wealth Advisors purchased a new stake in shares of VanEck High Yield Muni ETF (BATS:HYD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,075 shares of the company’s stock, valued at approximately $315,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Moser Wealth Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF during the third quarter worth $53,000. Farther Finance Advisors LLC boosted its holdings in 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 worth $85,000 after purchasing an additional 1,511 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in VanEck High Yield Muni ETF in the 3rd quarter worth approximately $198,000. Coastline Trust Co acquired a new position in VanEck High Yield Muni ETF in the 3rd quarter valued at $224,000. Finally, Breakwater Capital Group grew its holdings in VanEck High Yield Muni ETF by 10.7% in the 4th quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock valued at $228,000 after buying an additional 422 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD stock opened at $51.67 on Friday. The business’s 50-day moving average is $52.07 and its two-hundred day 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.