Sei Investments Co. Increases Stock Holdings in VanEck High Yield Muni ETF $HYD

Sei Investments Co. lifted its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 8.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,507,629 shares of the company’s stock after buying an additional 264,550 shares during the quarter. Sei Investments Co. owned approximately 0.05% of VanEck High Yield Muni ETF worth $175,868,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Cetera Investment Advisers increased its holdings in VanEck High Yield Muni ETF by 19.4% during the 1st quarter. Cetera Investment Advisers now owns 235,246 shares of the company’s stock valued at $11,795,000 after acquiring an additional 38,203 shares in the last quarter. Signature Equity Partners LLC lifted its holdings in shares of VanEck High Yield Muni ETF by 106.3% in the first quarter. Signature Equity Partners LLC now owns 4,513 shares of the company’s stock valued at $226,000 after purchasing an additional 2,325 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of VanEck High Yield Muni ETF by 29.4% in the first quarter. PNC Financial Services Group Inc. now owns 3,535 shares of the company’s stock valued at $177,000 after purchasing an additional 803 shares during the last quarter. Balefire LLC grew its position in shares of VanEck High Yield Muni ETF by 3.7% in the first quarter. Balefire LLC now owns 7,494 shares of the company’s stock valued at $376,000 after purchasing an additional 267 shares during the last quarter. Finally, Simon Quick Advisors LLC increased its stake in shares of VanEck High Yield Muni ETF by 28.2% during the 1st quarter. Simon Quick Advisors LLC now owns 17,496 shares of the company’s stock worth $877,000 after purchasing an additional 3,852 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of HYD opened at $50.67 on Thursday. VanEck High Yield Muni ETF has a 1-year low of $48.89 and a 1-year high of $51.68. The firm has a 50 day simple moving average of $51.20 and a 200-day simple moving average of $51.06.

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.