Avantax Planning Partners Inc. Reduces Position in VanEck High Yield Muni ETF $HYD

Avantax Planning Partners Inc. reduced its position in VanEck High Yield Muni ETF (BATS:HYD) by 42.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 197,643 shares of the company’s stock after selling 144,767 shares during the quarter. Avantax Planning Partners Inc. owned 0.30% of VanEck High Yield Muni ETF worth $10,060,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Certior Financial Group LLC grew its stake in shares of VanEck High Yield Muni ETF by 5.7% during the third quarter. Certior Financial Group LLC now owns 27,856 shares of the company’s stock valued at $1,418,000 after buying an additional 1,495 shares during the last quarter. Latitude Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF by 19.6% during the 3rd quarter. Latitude Advisors LLC now owns 6,731 shares of the company’s stock worth $343,000 after acquiring an additional 1,105 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new position in VanEck High Yield Muni ETF during the 3rd quarter valued at $3,218,000. Forvis Mazars Wealth Advisors LLC bought a new position in VanEck High Yield Muni ETF in the 3rd quarter valued at $373,000. Finally, Shared Vision Wealth Group LLC grew its position in VanEck High Yield Muni ETF by 438.0% in the 3rd quarter. Shared Vision Wealth Group LLC now owns 22,089 shares of the company’s stock valued at $1,131,000 after acquiring an additional 17,983 shares during the last quarter.

VanEck High Yield Muni ETF Trading Down 0.4%

HYD stock opened at $51.15 on Monday. VanEck High Yield Muni ETF has a twelve month low of $47.78 and a twelve month high of $53.10. The business’s fifty day simple moving average is $51.12 and its two-hundred day simple moving average is $50.49.

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.