Cetera Investment Advisers Buys 3,531 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Cetera Investment Advisers boosted its stake in VanEck High Yield Muni ETF (BATS:HYD) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 192,399 shares of the company’s stock after acquiring an additional 3,531 shares during the period. Cetera Investment Advisers owned 0.29% of VanEck High Yield Muni ETF worth $9,847,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in HYD. FMR LLC increased its holdings in VanEck High Yield Muni ETF by 132.1% during the 4th quarter. FMR LLC now owns 1,782,883 shares of the company’s stock worth $92,549,000 after acquiring an additional 1,014,701 shares during the period. Bank of America Corp DE increased its holdings in VanEck High Yield Muni ETF by 8.7% during the 4th quarter. Bank of America Corp DE now owns 9,872,069 shares of the company’s stock worth $512,459,000 after acquiring an additional 790,557 shares during the period. Wells Fargo & Company MN increased its holdings in VanEck High Yield Muni ETF by 42.6% during the 4th quarter. Wells Fargo & Company MN now owns 887,504 shares of the company’s stock worth $46,070,000 after acquiring an additional 265,075 shares during the period. OneDigital Investment Advisors LLC increased its holdings in VanEck High Yield Muni ETF by 467.6% during the 1st quarter. OneDigital Investment Advisors LLC now owns 201,953 shares of the company’s stock worth $10,336,000 after acquiring an additional 166,373 shares during the period. Finally, Royal Bank of Canada increased its holdings in VanEck High Yield Muni ETF by 4.7% during the 4th quarter. Royal Bank of Canada now owns 1,678,884 shares of the company’s stock worth $87,149,000 after acquiring an additional 75,221 shares during the period.

VanEck High Yield Muni ETF Stock Down 4.5%

VanEck High Yield Muni ETF stock opened at $49.06 on Thursday. The firm’s 50 day simple moving average is $49.63 and its 200 day simple moving average is $50.56. VanEck High Yield Muni ETF has a 1-year low of $47.78 and a 1-year high of $53.10.

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.