VanEck High Yield Muni ETF $HYD Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 231.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,997 shares of the company’s stock after purchasing an additional 118,079 shares during the period. JPMorgan Chase & Co. owned 0.26% of VanEck High Yield Muni ETF worth $8,485,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of HYD. Seamount Financial Group Inc. lifted its stake in VanEck High Yield Muni ETF by 4.2% in the 2nd quarter. Seamount Financial Group Inc. now owns 7,150 shares of the company’s stock valued at $359,000 after buying an additional 289 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of VanEck High Yield Muni ETF by 1.4% during the second quarter. Wealthfront Advisers LLC now owns 21,587 shares of the company’s stock valued at $1,084,000 after acquiring an additional 301 shares during the last quarter. CreativeOne Wealth LLC lifted its position in shares of VanEck High Yield Muni ETF by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 20,960 shares of the company’s stock valued at $1,073,000 after acquiring an additional 312 shares in the last quarter. Valmark Advisers Inc. lifted its position in shares of VanEck High Yield Muni ETF by 0.8% in the second quarter. Valmark Advisers Inc. now owns 39,428 shares of the company’s stock valued at $1,980,000 after acquiring an additional 320 shares in the last quarter. Finally, Wedmont Private Capital boosted its stake in shares of VanEck High Yield Muni ETF by 1.3% in the second quarter. Wedmont Private Capital now owns 37,526 shares of the company’s stock worth $1,877,000 after acquiring an additional 498 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

BATS HYD opened at $50.88 on Wednesday. The business has a fifty day moving average price of $50.96 and a 200 day moving average price of $50.18. VanEck High Yield Muni ETF has a one year low of $47.78 and a one year high of $53.10.

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.