American Century Companies Inc. Lowers Position in VanEck High Yield Muni ETF $HYD

American Century Companies Inc. cut its stake in VanEck High Yield Muni ETF (BATS:HYD) by 6.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 278,500 shares of the company’s stock after selling 18,900 shares during the quarter. American Century Companies Inc. owned 0.42% of VanEck High Yield Muni ETF worth $14,254,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bessemer Group Inc. purchased a new stake in shares of VanEck High Yield Muni ETF during the first quarter valued at approximately $125,000. Jane Street Group LLC increased its position in shares of VanEck High Yield Muni ETF by 171.4% during the fourth quarter. Jane Street Group LLC now owns 45,697 shares of the company’s stock valued at $2,372,000 after acquiring an additional 28,857 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in shares of VanEck High Yield Muni ETF during the first quarter valued at approximately $906,000. DAVENPORT & Co LLC increased its position in shares of VanEck High Yield Muni ETF by 3.6% during the first quarter. DAVENPORT & Co LLC now owns 11,540 shares of the company’s stock valued at $591,000 after acquiring an additional 400 shares during the last quarter. Finally, Cerity Partners LLC increased its position in shares of VanEck High Yield Muni ETF by 19.0% during the first quarter. Cerity Partners LLC now owns 13,704 shares of the company’s stock valued at $701,000 after acquiring an additional 2,192 shares during the last quarter.

VanEck High Yield Muni ETF Stock Down 4.1%

Shares of HYD opened at $49.2570 on Tuesday. The stock has a 50 day moving average of $49.49 and a 200 day moving average of $50.22. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month 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.