VanEck High Yield Muni ETF $HYD Shares Sold by Forum Financial Management LP

Forum Financial Management LP decreased its stake in VanEck High Yield Muni ETF (BATS:HYD) by 58.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 520,312 shares of the company’s stock after selling 743,614 shares during the period. VanEck High Yield Muni ETF accounts for about 0.3% of Forum Financial Management LP’s holdings, making the stock its 20th biggest holding. Forum Financial Management LP’s holdings in VanEck High Yield Muni ETF were worth $24,991,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. NFSG Corp acquired a new position in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at about $47,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of VanEck High Yield Muni ETF during the third quarter worth approximately $283,000. Mather Group LLC. bought a new stake in VanEck High Yield Muni ETF during the 3rd quarter valued at $33,000. Johnson Bixby & Associates LLC increased its stake in VanEck High Yield Muni ETF by 2.8% during the 3rd quarter. Johnson Bixby & Associates LLC now owns 8,252 shares of the company’s stock valued at $396,000 after purchasing an additional 225 shares in the last quarter. Finally, Signal Advisors Wealth LLC raised its holdings in shares of VanEck High Yield Muni ETF by 6.8% in the 3rd quarter. Signal Advisors Wealth LLC now owns 11,628 shares of the company’s stock worth $558,000 after acquiring an additional 745 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of VanEck High Yield Muni ETF stock opened at $48.74 on Friday. VanEck High Yield Muni ETF has a 52 week low of $47.49 and a 52 week high of $51.68. The business has a 50 day moving average price of $49.14 and a 200-day moving average price of $50.34.

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.