Commonwealth Equity Services LLC Lowers Stock Position in VanEck High Yield Muni ETF $HYD

Commonwealth Equity Services LLC lessened its stake in VanEck High Yield Muni ETF (BATS:HYD) by 10.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 904,176 shares of the company’s stock after selling 106,968 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VanEck High Yield Muni ETF were worth $46,023,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Revolve Wealth Partners LLC raised its position in shares of VanEck High Yield Muni ETF by 6.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 191,107 shares of the company’s stock valued at $9,920,000 after buying an additional 10,798 shares in the last quarter. EP Wealth Advisors LLC increased its stake in VanEck High Yield Muni ETF by 19.0% in the first quarter. EP Wealth Advisors LLC now owns 4,947 shares of the company’s stock valued at $253,000 after acquiring an additional 791 shares during the last quarter. Jones Financial Companies Lllp raised its position in VanEck High Yield Muni ETF by 39.5% during the first quarter. Jones Financial Companies Lllp now owns 26,727 shares of the company’s stock valued at $1,368,000 after purchasing an additional 7,566 shares in the last quarter. Jane Street Group LLC raised its position in VanEck High Yield Muni ETF by 427.3% during the first quarter. Jane Street Group LLC now owns 240,951 shares of the company’s stock valued at $12,332,000 after purchasing an additional 195,254 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in VanEck High Yield Muni ETF by 28.0% during the first quarter. Geneos Wealth Management Inc. now owns 41,199 shares of the company’s stock worth $2,109,000 after purchasing an additional 9,000 shares during the last quarter.

VanEck High Yield Muni ETF Trading Down 0.4%

HYD opened at $51.15 on Wednesday. The stock has a 50-day moving average price of $51.03 and a 200-day moving average price of $50.38. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month high of $53.10.

VanEck High Yield Muni ETF 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.