Sage Mountain Advisors LLC raised its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD – Free Report) by 4,067.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 387,853 shares of the company’s stock after buying an additional 378,547 shares during the quarter. VanEck High Yield Muni ETF comprises about 2.3% of Sage Mountain Advisors LLC’s holdings, making the stock its 9th largest position. Sage Mountain Advisors LLC owned 0.68% of VanEck High Yield Muni ETF worth $20,025,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of HYD. Blue Trust Inc. grew its holdings in shares of VanEck High Yield Muni ETF by 44.2% during the 4th quarter. Blue Trust Inc. now owns 793 shares of the company’s stock valued at $39,000 after purchasing an additional 243 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of VanEck High Yield Muni ETF by 2.1% during the third quarter. Perigon Wealth Management LLC now owns 11,729 shares of the company’s stock valued at $576,000 after buying an additional 245 shares during the last quarter. AE Wealth Management LLC increased its holdings in shares of VanEck High Yield Muni ETF by 2.1% in the third quarter. AE Wealth Management LLC now owns 12,896 shares of the company’s stock worth $633,000 after buying an additional 260 shares during the period. Carmichael Hill & Associates Inc. lifted its stake in shares of VanEck High Yield Muni ETF by 3.3% in the 4th quarter. Carmichael Hill & Associates Inc. now owns 8,175 shares of the company’s stock valued at $422,000 after acquiring an additional 261 shares during the last quarter. Finally, Foster & Motley Inc. boosted its holdings in VanEck High Yield Muni ETF by 1.5% during the 3rd quarter. Foster & Motley Inc. now owns 19,181 shares of the company’s stock valued at $941,000 after acquiring an additional 290 shares during the period.
VanEck High Yield Muni ETF Price Performance
VanEck High Yield Muni ETF stock traded up $0.02 during trading hours on Monday, reaching $51.45. The company had a trading volume of 347,476 shares. The stock has a 50-day simple moving average of $51.76 and a 200-day simple moving average of $50.73.
VanEck High Yield Muni ETF Cuts Dividend
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.
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