Cetera Investment Advisers Has $11.79 Million Stock Position in VanEck High Yield Muni ETF $HYD

Cetera Investment Advisers lifted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 19.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 235,246 shares of the company’s stock after purchasing an additional 38,203 shares during the quarter. Cetera Investment Advisers’ holdings in VanEck High Yield Muni ETF were worth $11,795,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in HYD. Boyd Watterson Asset Management LLC OH bought a new stake in VanEck High Yield Muni ETF in the 4th quarter valued at about $25,000. US Bancorp DE raised its stake in VanEck High Yield Muni ETF by 101.1% during the 3rd quarter. US Bancorp DE now owns 539 shares of the company’s stock worth $27,000 after buying an additional 271 shares during the period. Turning Point Benefit Group Inc. bought a new position in VanEck High Yield Muni ETF in the third quarter worth approximately $30,000. JDM Financial Group LLC bought a new position in VanEck High Yield Muni ETF in the fourth quarter worth approximately $38,000. Finally, Blue Trust Inc. grew its stake in VanEck High Yield Muni ETF by 159.0% in the first quarter. Blue Trust Inc. now owns 1,041 shares of the company’s stock valued at $52,000 after acquiring an additional 639 shares during the period.

VanEck High Yield Muni ETF Price Performance

Shares of VanEck High Yield Muni ETF stock opened at $50.33 on Thursday. VanEck High Yield Muni ETF has a 52 week low of $49.03 and a 52 week high of $51.68. The stock has a 50 day moving average price of $51.17 and a two-hundred day moving average price of $51.03.

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.