AE Wealth Management LLC Has $67,000 Position in VanEck High Yield Muni ETF $HYD

AE Wealth Management LLC lessened its position in VanEck High Yield Muni ETF (BATS:HYD) by 71.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,330 shares of the company’s stock after selling 3,402 shares during the period. AE Wealth Management LLC’s holdings in VanEck High Yield Muni ETF were worth $67,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of HYD. Simplex Trading LLC acquired a new stake in VanEck High Yield Muni ETF in the 1st quarter valued at about $40,000. AlphaCore Capital LLC bought a new stake in VanEck High Yield Muni ETF in the first quarter valued at approximately $49,000. Ameritas Advisory Services LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the second quarter valued at approximately $56,000. Smartleaf Asset Management LLC boosted its stake in shares of VanEck High Yield Muni ETF by 1,126.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,656 shares of the company’s stock worth $85,000 after acquiring an additional 1,521 shares during the period. Finally, GoalVest Advisory LLC bought a new position in shares of VanEck High Yield Muni ETF during the 2nd quarter worth approximately $95,000.

VanEck High Yield Muni ETF Stock Performance

HYD opened at $51.02 on Wednesday. VanEck High Yield Muni ETF has a 1-year low of $47.78 and a 1-year high of $53.10. The stock’s fifty day simple moving average is $50.89 and its 200 day simple moving average is $50.06.

VanEck High Yield Muni ETF Company 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.