Flagship Harbor Advisors LLC Invests $324,000 in VanEck High Yield Muni ETF (BATS:HYD)

Flagship Harbor Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF (BATS:HYD) during the fourth quarter, Holdings Channel reports. The fund acquired 6,246 shares of the company’s stock, valued at approximately $324,000.

Other hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans lifted its position in shares of VanEck High Yield Muni ETF by 48.6% during the second quarter. Thrivent Financial for Lutherans now owns 14,080 shares of the company’s stock worth $727,000 after purchasing an additional 4,608 shares during the last quarter. Creative Planning lifted its holdings in VanEck High Yield Muni ETF by 160.3% during the 2nd quarter. Creative Planning now owns 21,033 shares of the company’s stock worth $1,086,000 after buying an additional 12,954 shares during the last quarter. Cetera Investment Advisers grew its position in shares of VanEck High Yield Muni ETF by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 246,280 shares of the company’s stock worth $12,720,000 after acquiring an additional 7,828 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of VanEck High Yield Muni ETF in the 2nd quarter valued at approximately $2,224,000. Finally, SG Americas Securities LLC acquired a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter valued at approximately $5,634,000.

VanEck High Yield Muni ETF Price Performance

VanEck High Yield Muni ETF stock opened at $51.72 on Thursday. The stock has a 50 day simple moving average of $52.03 and a two-hundred day simple moving average of $52.28.

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.