Graetz Wealth LLC Takes Position in VanEck High Yield Muni ETF $HYD

Graetz Wealth LLC purchased a new stake in VanEck High Yield Muni ETF (BATS:HYD) in the fourth quarter, Holdings Channel reports. The firm purchased 12,644 shares of the company’s stock, valued at approximately $646,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HYD. American Family Investments Inc. acquired a new position in VanEck High Yield Muni ETF during the 4th quarter valued at approximately $148,607,000. HighTower Advisors LLC boosted its position in VanEck High Yield Muni ETF by 663.5% during the 4th quarter. HighTower Advisors LLC now owns 2,499,427 shares of the company’s stock worth $127,771,000 after acquiring an additional 2,172,057 shares during the period. Bank of America Corp DE lifted its holdings in shares of VanEck High Yield Muni ETF by 7.4% in the third quarter. Bank of America Corp DE now owns 16,531,313 shares of the company’s stock valued at $841,444,000 after buying an additional 1,133,993 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of VanEck High Yield Muni ETF by 126.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,507,331 shares of the company’s stock valued at $77,055,000 after buying an additional 841,078 shares during the period. Finally, Counterpoint Mutual Funds LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the third quarter valued at $18,230,000.

VanEck High Yield Muni ETF Stock Performance

Shares of VanEck High Yield Muni ETF stock opened at $51.36 on Friday. The business has a fifty day simple moving average of $51.01 and a 200-day simple moving average of $51.01. VanEck High Yield Muni ETF has a fifty-two week low of $48.85 and a fifty-two week high of $51.66.

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.