VanEck High Yield Muni ETF $HYD Stock: Melone Private Wealth LLC Reduces Stake

Melone Private Wealth LLC lowered its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 41.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,052 shares of the company’s stock after selling 13,584 shares during the quarter. Melone Private Wealth LLC’s holdings in VanEck High Yield Muni ETF were worth $915,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. NFSG Corp bought a new position in VanEck High Yield Muni ETF in the third quarter valued at about $47,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in VanEck High Yield Muni ETF during the 3rd quarter worth about $283,000. Mather Group LLC. bought a new stake in VanEck High Yield Muni ETF during the 3rd quarter worth about $33,000. Johnson Bixby & Associates LLC raised its holdings in VanEck High Yield Muni ETF by 2.8% during the 3rd quarter. Johnson Bixby & Associates LLC now owns 8,252 shares of the company’s stock worth $396,000 after purchasing an additional 225 shares during the last quarter. Finally, Signal Advisors Wealth LLC lifted its position in VanEck High Yield Muni ETF by 6.8% during the 3rd quarter. Signal Advisors Wealth LLC now owns 11,628 shares of the company’s stock valued at $558,000 after purchasing an additional 745 shares during the period.

VanEck High Yield Muni ETF Stock Down 0.2%

Shares of BATS HYD traded down $0.08 during mid-day trading on Friday, hitting $48.74. The company’s stock had a trading volume of 1,710,511 shares, compared to its average volume of 1,087,838. VanEck High Yield Muni ETF has a one year low of $47.49 and a one year high of $51.68. The company’s fifty day simple moving average is $49.14 and its 200-day simple moving average is $50.34.

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.