Brookstone Capital Management Acquires New Position in VanEck High Yield Muni ETF (BATS:HYD)

Brookstone Capital Management bought a new position in VanEck High Yield Muni ETF (BATS:HYDFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,084 shares of the company’s stock, valued at approximately $523,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HYD. Sei Investments Co. lifted its position in VanEck High Yield Muni ETF by 7.7% during the second quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock valued at $196,067,000 after purchasing an additional 270,773 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in 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 valued at $78,981,000 after acquiring an additional 82,090 shares during the last quarter. Grimes & Company Inc. lifted its holdings in VanEck High Yield Muni ETF by 2.3% in the third quarter. Grimes & Company Inc. now owns 1,138,643 shares of the company’s stock valued at $60,428,000 after acquiring an additional 25,109 shares during the period. Assetmark Inc. grew its stake in shares of VanEck High Yield Muni ETF by 4.9% during the 3rd quarter. Assetmark Inc. now owns 1,053,426 shares of the company’s stock valued at $55,905,000 after purchasing an additional 49,277 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of VanEck High Yield Muni ETF by 10.6% in the 3rd 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 period.

VanEck High Yield Muni ETF Price Performance

Shares of BATS HYD opened at $51.63 on Friday. The firm’s 50-day simple moving average is $52.09 and its 200 day simple moving average is $52.29.

VanEck High Yield Muni ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck High Yield Muni ETF (BATS:HYD)

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