Joseph Group Capital Management Increases Position in VanEck High Yield Muni ETF $HYD

Joseph Group Capital Management boosted its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 54.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,392 shares of the company’s stock after purchasing an additional 9,969 shares during the quarter. Joseph Group Capital Management’s holdings in VanEck High Yield Muni ETF were worth $1,445,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC raised its stake in shares of VanEck High Yield Muni ETF by 427.3% during the 1st quarter. Jane Street Group LLC now owns 240,951 shares of the company’s stock worth $12,332,000 after buying an additional 195,254 shares during the period. Ameriprise Financial Inc. increased its stake in shares of VanEck High Yield Muni ETF by 38.5% during the second quarter. Ameriprise Financial Inc. now owns 568,929 shares of the company’s stock worth $28,547,000 after purchasing an additional 158,024 shares in the last quarter. Zions Bancorporation National Association UT acquired a new position in shares of VanEck High Yield Muni ETF during the 2nd quarter worth about $7,869,000. JPMorgan Chase & Co. lifted its stake in VanEck High Yield Muni ETF by 231.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 168,997 shares of the company’s stock valued at $8,485,000 after buying an additional 118,079 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in VanEck High Yield Muni ETF by 68.9% in the 2nd quarter. Osaic Holdings Inc. now owns 280,062 shares of the company’s stock worth $14,146,000 after buying an additional 114,232 shares during the last quarter.

VanEck High Yield Muni ETF Trading Down 0.2%

BATS:HYD opened at $51.23 on Friday. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month high of $53.10. The stock has a 50 day moving average of $51.04 and a two-hundred day moving average of $50.39.

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.