Empirical Financial Services LLC d.b.a. Empirical Wealth Management Lowers Stake in VanEck High Yield Muni ETF (BATS:HYD)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 118,918 shares of the company’s stock after selling 719 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned about 0.21% of VanEck High Yield Muni ETF worth $6,173,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in HYD. SG Americas Securities LLC acquired a new position in VanEck High Yield Muni ETF in the 3rd quarter valued at about $5,634,000. Kestra Investment Management LLC acquired a new position in shares of VanEck High Yield Muni ETF in the second quarter valued at approximately $5,232,000. Stifel Financial Corp increased its holdings in shares of VanEck High Yield Muni ETF by 108.9% in the third quarter. Stifel Financial Corp now owns 169,159 shares of the company’s stock valued at $8,977,000 after purchasing an additional 88,184 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of VanEck High Yield Muni ETF by 10.6% during the third quarter. Commonwealth Equity Services LLC now owns 905,340 shares of the company’s stock worth $48,046,000 after purchasing an additional 86,526 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of VanEck High Yield Muni ETF by 5.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock worth $78,981,000 after purchasing an additional 82,090 shares during the period.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD opened at $51.78 on Monday. The firm has a 50-day moving average price of $52.05 and a two-hundred day moving average price of $52.29.

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.