Assetmark Inc. Lowers Stock Holdings in VanEck High Yield Muni ETF $HYD

Assetmark Inc. decreased its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 2.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,279,605 shares of the company’s stock after selling 34,597 shares during the quarter. Assetmark Inc. owned approximately 1.94% of VanEck High Yield Muni ETF worth $64,159,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of HYD. Independent Financial Group LLC purchased a new stake in VanEck High Yield Muni ETF in the first quarter valued at approximately $307,000. Wealthfront Advisers LLC lifted its position in VanEck High Yield Muni ETF by 11.0% during the first quarter. Wealthfront Advisers LLC now owns 40,507 shares of the company’s stock valued at $2,031,000 after buying an additional 4,019 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of VanEck High Yield Muni ETF by 61.2% in the first quarter. Sanctuary Advisors LLC now owns 120,711 shares of the company’s stock worth $6,052,000 after acquiring an additional 45,842 shares in the last quarter. Avantax Planning Partners Inc. increased its position in shares of VanEck High Yield Muni ETF by 26.4% in the first quarter. Avantax Planning Partners Inc. now owns 211,755 shares of the company’s stock worth $10,617,000 after acquiring an additional 44,164 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of VanEck High Yield Muni ETF by 158.7% in the 1st quarter. Principal Financial Group Inc. now owns 32,604 shares of the company’s stock valued at $1,635,000 after acquiring an additional 20,000 shares during the period.

VanEck High Yield Muni ETF Price Performance

Shares of HYD stock opened at $51.05 on Friday. The company’s fifty day simple moving average is $51.21 and its 200-day simple moving average is $51.07. VanEck High Yield Muni ETF has a 52 week low of $48.85 and a 52 week high of $51.68.

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.