18,788 Shares in VanEck High Yield Muni ETF $HYD Purchased by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC bought a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 18,788 shares of the company’s stock, valued at approximately $943,000.

Several other institutional investors have also recently made changes to their positions in HYD. Revolve Wealth Partners LLC grew its position in shares of VanEck High Yield Muni ETF by 6.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 191,107 shares of the company’s stock worth $9,920,000 after purchasing an additional 10,798 shares in the last quarter. Ameriflex Group Inc. purchased a new stake in shares of VanEck High Yield Muni ETF during the fourth quarter worth about $28,000. B. Riley Wealth Advisors Inc. grew its position in shares of VanEck High Yield Muni ETF by 36.6% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 8,931 shares of the company’s stock worth $464,000 after purchasing an additional 2,395 shares in the last quarter. BridgePort Financial Solutions LLC purchased a new stake in shares of VanEck High Yield Muni ETF during the fourth quarter worth about $749,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of VanEck High Yield Muni ETF by 43.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 45,580 shares of the company’s stock worth $2,366,000 after purchasing an additional 13,909 shares in the last quarter.

VanEck High Yield Muni ETF Trading Down 1.1%

BATS:HYD opened at $50.78 on Wednesday. The stock has a 50-day moving average price of $49.62 and a 200 day moving average price of $49.98. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month 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.