Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $3.83 Million Stock Holdings in VanEck High Yield Muni ETF $HYD

Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 36.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 76,290 shares of the company’s stock after selling 44,034 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in VanEck High Yield Muni ETF were worth $3,825,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in VanEck High Yield Muni ETF by 7.4% during the third quarter. Bank of America Corp DE now owns 16,531,313 shares of the company’s stock worth $841,444,000 after purchasing an additional 1,133,993 shares during the period. American Family Investments Inc. acquired a new position in shares of VanEck High Yield Muni ETF in the 4th quarter worth approximately $148,607,000. HighTower Advisors LLC lifted its position in shares of VanEck High Yield Muni ETF by 663.5% during the 4th quarter. HighTower Advisors LLC now owns 2,499,427 shares of the company’s stock worth $127,771,000 after buying an additional 2,172,057 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of VanEck High Yield Muni ETF by 4.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,040,068 shares of the company’s stock worth $104,288,000 after buying an additional 79,434 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in VanEck High Yield Muni ETF by 126.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,507,331 shares of the company’s stock valued at $77,055,000 after buying an additional 841,078 shares in the last quarter.

VanEck High Yield Muni ETF Trading Up 0.0%

Shares of BATS:HYD opened at $51.18 on Wednesday. The business’s fifty day moving average price is $51.21 and its two-hundred day moving average price is $51.07. VanEck High Yield Muni ETF has a fifty-two week low of $48.85 and a fifty-two week high of $51.68.

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.