Fifth Third Bancorp Buys 12,836 Shares of VanEck High Yield Muni ETF $HYD

Fifth Third Bancorp boosted its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 652.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,803 shares of the company’s stock after buying an additional 12,836 shares during the quarter. Fifth Third Bancorp’s holdings in VanEck High Yield Muni ETF were worth $742,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of HYD. Stratos Wealth Partners LTD. boosted its stake in shares of VanEck High Yield Muni ETF by 74.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 42,266 shares of the company’s stock worth $2,161,000 after purchasing an additional 18,085 shares during the period. ACT Wealth Management LLC purchased a new stake in VanEck High Yield Muni ETF in the 4th quarter worth about $545,000. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in VanEck High Yield Muni ETF by 19.5% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 104,445 shares of the company’s stock worth $5,339,000 after purchasing an additional 17,072 shares during the last quarter. Brindle & Bay Financial Advisors LLC bought a new stake in VanEck High Yield Muni ETF in the fourth quarter worth about $934,000. Finally, Diversified Enterprises LLC lifted its stake in VanEck High Yield Muni ETF by 93.7% in the fourth quarter. Diversified Enterprises LLC now owns 31,606 shares of the company’s stock worth $1,616,000 after purchasing an additional 15,293 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS:HYD opened at $50.41 on Tuesday. The business has a 50 day simple moving average of $51.18 and a two-hundred day simple moving average of $51.04. VanEck High Yield Muni ETF has a 1 year low of $48.96 and a 1 year high of $51.68.

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.