Park Avenue Securities LLC Makes New $1.94 Million Investment in VanEck High Yield Muni ETF $HYD

Park Avenue Securities LLC bought a new position in shares of VanEck High Yield Muni ETF (BATS:HYD – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 40,379 shares of the company’s stock, valued at approximately $1,939,000.

Several other hedge funds also recently added to or reduced their stakes in HYD. Rainey & Randall Wealth Advisors Inc. lifted its position in VanEck High Yield Muni ETF by 2.3% during the 3rd quarter. Rainey & Randall Wealth Advisors Inc. now owns 23,873 shares of the company’s stock worth $1,147,000 after acquiring an additional 533 shares in the last quarter. Helium Advisors LLC bought a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter worth about $234,000. Revolve Wealth Partners LLC raised its stake in VanEck High Yield Muni ETF by 67.7% during the third quarter. Revolve Wealth Partners LLC now owns 502,716 shares of the company’s stock valued at $24,145,000 after buying an additional 202,907 shares in the last quarter. BIP Wealth LLC acquired a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter valued at approximately $2,159,000. Finally, Pinnacle Bancorp Inc. lifted its position in shares of VanEck High Yield Muni ETF by 7.3% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,160 shares of the company’s stock worth $152,000 after buying an additional 216 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD stock opened at $49.64 on Friday. VanEck High Yield Muni ETF has a 52 week low of $47.49 and a 52 week high of $51.68. The business has a 50 day moving average of $48.92 and a two-hundred day moving average of $50.44.

VanEck High Yield Muni ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck High Yield Muni ETF (BATS:HYD)

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