Global Wealth Strategies & Associates Acquires New Position in VanEck High Yield Muni ETF (BATS:HYD)

Global Wealth Strategies & Associates bought a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) during the fourth quarter, Holdings Channel reports. The fund bought 5,592 shares of the company’s stock, valued at approximately $290,000.

Other hedge funds have also made changes to their positions in the company. Moser Wealth Advisors LLC acquired a new position in VanEck High Yield Muni ETF in the 3rd quarter valued at about $53,000. Larson Financial Group LLC increased its stake in VanEck High Yield Muni ETF by 13,241.7% during the 2nd quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock worth $83,000 after buying an additional 1,589 shares during the period. Farther Finance Advisors LLC lifted its holdings in VanEck High Yield Muni ETF by 1,541.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock worth $85,000 after buying an additional 1,511 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new stake in shares of VanEck High Yield Muni ETF during the second quarter worth $111,000. Finally, EP Wealth Advisors LLC purchased a new position in VanEck High Yield Muni ETF in the third quarter valued at $198,000.

VanEck High Yield Muni ETF Stock Performance

Shares of VanEck High Yield Muni ETF stock traded up $0.11 on Thursday, reaching $51.91. 781,091 shares of the company were exchanged. The stock’s fifty day moving average is $52.17 and its 200 day moving average is $52.31.

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.