Quantinno Capital Management LP Makes New $893,000 Investment in VanEck High Yield Muni ETF $HYD

Quantinno Capital Management LP acquired a new position in VanEck High Yield Muni ETF (BATS:HYD) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 17,815 shares of the company’s stock, valued at approximately $893,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HYD. Boyd Watterson Asset Management LLC OH acquired a new position in VanEck High Yield Muni ETF during the 4th quarter valued at about $25,000. US Bancorp DE raised its stake in VanEck High Yield Muni ETF by 101.1% in the third quarter. US Bancorp DE now owns 539 shares of the company’s stock valued at $27,000 after buying an additional 271 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in VanEck High Yield Muni ETF in the third quarter worth about $30,000. JDM Financial Group LLC acquired a new stake in VanEck High Yield Muni ETF in the fourth quarter worth about $38,000. Finally, Blue Trust Inc. grew its stake in shares of VanEck High Yield Muni ETF by 159.0% during the first quarter. Blue Trust Inc. now owns 1,041 shares of the company’s stock worth $52,000 after acquiring an additional 639 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD stock opened at $50.46 on Monday. VanEck High Yield Muni ETF has a fifty-two week low of $49.08 and a fifty-two week high of $51.68. The stock’s 50-day simple moving average is $50.99 and its 200-day simple moving average is $50.95.

About VanEck High Yield Muni ETF

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.