Fifth Third Bancorp Increases Stake in VanEck High Yield Muni ETF $HYD

Fifth Third Bancorp grew its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 652.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,803 shares of the company’s stock after buying an additional 12,836 shares during the period. Fifth Third Bancorp’s holdings in VanEck High Yield Muni ETF were worth $742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of HYD. American Family Investments Inc. bought a new position in shares of VanEck High Yield Muni ETF during the fourth quarter worth $148,607,000. HighTower Advisors LLC lifted its stake in VanEck High Yield Muni ETF by 663.5% in the 4th quarter. HighTower Advisors LLC now owns 2,499,427 shares of the company’s stock worth $127,771,000 after purchasing an additional 2,172,057 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in VanEck High Yield Muni ETF by 126.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,507,331 shares of the company’s stock worth $77,055,000 after purchasing an additional 841,078 shares in the last quarter. Man Group plc lifted its stake in VanEck High Yield Muni ETF by 215.4% in the 4th quarter. Man Group plc now owns 658,489 shares of the company’s stock worth $33,662,000 after purchasing an additional 449,680 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of VanEck High Yield Muni ETF by 349.6% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 277,083 shares of the company’s stock valued at $14,104,000 after purchasing an additional 215,450 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

HYD opened at $50.41 on Tuesday. The firm has a 50-day simple moving average of $51.18 and a two-hundred day simple moving average of $51.04. VanEck High Yield Muni ETF has a 52 week low of $48.96 and a 52 week high of $51.68.

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.