Revolve Wealth Partners LLC Buys 202,907 Shares of VanEck High Yield Muni ETF $HYD

Revolve Wealth Partners LLC boosted its stake in VanEck High Yield Muni ETF (BATS:HYD) by 67.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 502,716 shares of the company’s stock after acquiring an additional 202,907 shares during the quarter. VanEck High Yield Muni ETF accounts for 2.6% of Revolve Wealth Partners LLC’s portfolio, making the stock its 8th largest position. Revolve Wealth Partners LLC’s holdings in VanEck High Yield Muni ETF were worth $24,145,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in VanEck High Yield Muni ETF by 18.5% during the 1st quarter. Bank of America Corp DE now owns 20,710,046 shares of the company’s stock worth $1,038,402,000 after purchasing an additional 3,239,944 shares in the last quarter. Sei Investments Co. raised its stake in shares of VanEck High Yield Muni ETF by 8.2% in the 1st quarter. Sei Investments Co. now owns 3,507,629 shares of the company’s stock valued at $175,868,000 after purchasing an additional 264,550 shares during the period. Forum Financial Management LP boosted its position in shares of VanEck High Yield Muni ETF by 1.7% during the first quarter. Forum Financial Management LP now owns 1,273,542 shares of the company’s stock worth $63,855,000 after buying an additional 21,471 shares during the period. Ocean Park Asset Management LLC bought a new position in shares of VanEck High Yield Muni ETF during the second quarter worth about $34,290,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of VanEck High Yield Muni ETF by 1.7% during the second quarter. Envestnet Asset Management Inc. now owns 433,620 shares of the company’s stock worth $22,336,000 after buying an additional 7,347 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of VanEck High Yield Muni ETF stock opened at $49.23 on Monday. The business’s 50 day simple moving average is $48.98 and its 200 day simple moving average is $50.29. VanEck High Yield Muni ETF has a 52-week low of $47.49 and a 52-week high of $51.68.

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.