Capstone Investment Advisors LLC Sells 80,060 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Capstone Investment Advisors LLC lessened its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 38.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 126,141 shares of the company’s stock after selling 80,060 shares during the quarter. Capstone Investment Advisors LLC owned approximately 0.22% of VanEck High Yield Muni ETF worth $6,694,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sei Investments Co. boosted its holdings in shares of VanEck High Yield Muni ETF by 7.7% during the 2nd quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock worth $196,067,000 after buying an additional 270,773 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in VanEck High Yield Muni ETF by 5.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock worth $78,981,000 after purchasing an additional 82,090 shares during the period. Grimes & Company Inc. raised its holdings in shares of VanEck High Yield Muni ETF by 2.3% during the third quarter. Grimes & Company Inc. now owns 1,138,643 shares of the company’s stock valued at $60,428,000 after purchasing an additional 25,109 shares during the period. Assetmark Inc. grew its stake in shares of VanEck High Yield Muni ETF by 4.9% in the 3rd quarter. Assetmark Inc. now owns 1,053,426 shares of the company’s stock valued at $55,905,000 after buying an additional 49,277 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in 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 valued at $48,046,000 after buying an additional 86,526 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS:HYD opened at $52.73 on Friday. The business has a 50-day moving average price of $52.46 and a 200 day moving average price of $52.23.

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.