Avantax Advisory Services Inc. Reduces Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Avantax Advisory Services Inc. lessened its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,972 shares of the company’s stock after selling 476 shares during the quarter. Avantax Advisory Services Inc.’s holdings in VanEck High Yield Muni ETF were worth $562,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Brookwood Investment Group LLC acquired a new position in VanEck High Yield Muni ETF in the 1st quarter valued at $423,000. AE Wealth Management LLC increased its stake in shares of VanEck High Yield Muni ETF by 56.5% during the first quarter. AE Wealth Management LLC now owns 4,732 shares of the company’s stock valued at $242,000 after acquiring an additional 1,708 shares during the period. Choreo LLC lifted its stake in VanEck High Yield Muni ETF by 70.7% during the first quarter. Choreo LLC now owns 6,929 shares of the company’s stock valued at $355,000 after purchasing an additional 2,870 shares during the last quarter. IFP Advisors Inc increased its position in shares of VanEck High Yield Muni ETF by 7.6% in the first quarter. IFP Advisors Inc now owns 9,827 shares of the company’s stock worth $503,000 after acquiring an additional 697 shares in the last quarter. Finally, Calton & Associates Inc. acquired a new position in shares of VanEck High Yield Muni ETF in the 1st quarter valued at about $259,000.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS HYD opened at $49.41 on Wednesday. The business’s 50-day moving average price is $49.60 and its two-hundred day moving average price is $50.49. VanEck High Yield Muni ETF has a one year low of $47.78 and a one year high of $53.10.

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.