Confluence Investment Management LLC Raises Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

Confluence Investment Management LLC increased its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,492 shares of the company’s stock after purchasing an additional 438 shares during the period. Confluence Investment Management LLC owned 0.12% of VanEck High Yield Muni ETF worth $3,452,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in HYD. Larson Financial Group LLC boosted its position in shares of VanEck High Yield Muni ETF by 13,241.7% in the second quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock worth $83,000 after buying an additional 1,589 shares during the period. Victory Capital Management Inc. acquired a new stake in VanEck High Yield Muni ETF in the second quarter valued at approximately $2,066,000. Farmers & Merchants Investments Inc. purchased a new stake in shares of VanEck High Yield Muni ETF during the second quarter valued at approximately $111,000. Private Advisor Group LLC lifted its position in shares of VanEck High Yield Muni ETF by 52.9% during the second quarter. Private Advisor Group LLC now owns 19,437 shares of the company’s stock worth $1,004,000 after purchasing an additional 6,726 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its stake in shares of VanEck High Yield Muni ETF by 27.2% in the second quarter. Ausdal Financial Partners Inc. now owns 18,297 shares of the company’s stock valued at $945,000 after purchasing an additional 3,912 shares during the period.

VanEck High Yield Muni ETF Trading Down 0.2 %

VanEck High Yield Muni ETF stock opened at $51.81 on Friday. The business’s 50-day moving average price is $52.17 and its two-hundred day moving average price is $52.31.

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.