World Investment Advisors LLC Buys New Stake in VanEck High Yield Muni ETF (BATS:HYD)

World Investment Advisors LLC purchased a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 51,322 shares of the company’s stock, valued at approximately $2,724,000. World Investment Advisors LLC owned 0.09% of VanEck High Yield Muni ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYD. Sanctuary Advisors LLC raised its holdings in shares of VanEck High Yield Muni ETF by 97.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 85,798 shares of the company’s stock worth $4,495,000 after buying an additional 42,314 shares in the last quarter. Westside Investment Management Inc. raised its stake in VanEck High Yield Muni ETF by 6.3% during the third quarter. Westside Investment Management Inc. now owns 23,133 shares of the company’s stock worth $1,228,000 after acquiring an additional 1,372 shares in the last quarter. Brophy Wealth Management LLC bought a new position in shares of VanEck High Yield Muni ETF during the third quarter valued at $863,000. M&T Bank Corp acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at $1,539,000. Finally, MML Investors Services LLC grew its holdings in shares of VanEck High Yield Muni ETF by 6.1% in the 3rd quarter. MML Investors Services LLC now owns 217,092 shares of the company’s stock worth $11,521,000 after purchasing an additional 12,404 shares during the last quarter.

VanEck High Yield Muni ETF Stock Down 0.4 %

Shares of VanEck High Yield Muni ETF stock opened at $52.11 on Friday. The stock’s 50-day moving average price is $52.40 and its 200-day moving average price is $52.30.

VanEck High Yield Muni ETF Company 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.