HighTower Advisors LLC Has $127.77 Million Position in VanEck High Yield Muni ETF $HYD

HighTower Advisors LLC lifted its stake in VanEck High Yield Muni ETF (BATS:HYD) by 663.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,499,427 shares of the company’s stock after buying an additional 2,172,057 shares during the period. HighTower Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $127,771,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HYD. NBC Securities Inc. raised its holdings in VanEck High Yield Muni ETF by 11.5% in the 4th quarter. NBC Securities Inc. now owns 1,906 shares of the company’s stock valued at $97,000 after acquiring an additional 196 shares in the last quarter. Strategic Investment Advisors MI grew its holdings in shares of VanEck High Yield Muni ETF by 2.8% during the 3rd quarter. Strategic Investment Advisors MI now owns 7,597 shares of the company’s stock worth $387,000 after purchasing an additional 207 shares in the last quarter. K2 Financial Inc. increased its position in shares of VanEck High Yield Muni ETF by 1.1% during the fourth quarter. K2 Financial Inc. now owns 19,430 shares of the company’s stock valued at $995,000 after purchasing an additional 220 shares during the period. Willis Johnson & Associates Inc. increased its position in shares of VanEck High Yield Muni ETF by 2.0% during the third quarter. Willis Johnson & Associates Inc. now owns 12,810 shares of the company’s stock valued at $652,000 after purchasing an additional 247 shares during the period. Finally, GRIMES & Co WEALTH MANAGEMENT LLC raised its stake in shares of VanEck High Yield Muni ETF by 5.1% in the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 5,424 shares of the company’s stock valued at $277,000 after purchasing an additional 263 shares in the last quarter.

VanEck High Yield Muni ETF Stock Down 0.1%

Shares of HYD stock opened at $50.49 on Wednesday. VanEck High Yield Muni ETF has a one year low of $48.85 and a one year high of $51.66. The stock has a fifty day moving average price of $50.75 and a 200 day moving average price of $50.98.

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.