Thrivent Financial for Lutherans Decreases Stake in VanEck High Yield Muni ETF (BATS:HYD)

Thrivent Financial for Lutherans lowered its position in VanEck High Yield Muni ETF (BATS:HYD) by 21.3% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 11,079 shares of the company’s stock after selling 3,001 shares during the period. Thrivent Financial for Lutherans’ holdings in VanEck High Yield Muni ETF were worth $588,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HYD. Cetera Advisors LLC lifted its holdings in VanEck High Yield Muni ETF by 44.8% in the 1st quarter. Cetera Advisors LLC now owns 23,822 shares of the company’s stock valued at $1,245,000 after purchasing an additional 7,365 shares in the last quarter. Simplicity Wealth LLC purchased a new position in shares of VanEck High Yield Muni ETF during the 2nd quarter worth $1,465,000. Csenge Advisory Group raised its holdings in shares of VanEck High Yield Muni ETF by 22.0% during the 2nd quarter. Csenge Advisory Group now owns 20,186 shares of the company’s stock worth $1,043,000 after acquiring an additional 3,638 shares during the period. WBH Advisory Inc. raised its holdings in shares of VanEck High Yield Muni ETF by 7.9% during the 2nd quarter. WBH Advisory Inc. now owns 5,827 shares of the company’s stock worth $301,000 after acquiring an additional 429 shares during the period. Finally, Atlas Private Wealth Advisors raised its holdings in shares of VanEck High Yield Muni ETF by 94.5% during the 2nd quarter. Atlas Private Wealth Advisors now owns 17,924 shares of the company’s stock worth $926,000 after acquiring an additional 8,709 shares during the period.

VanEck High Yield Muni ETF Stock Performance

BATS HYD opened at $52.76 on Thursday. The business’s 50 day moving average is $52.45 and its two-hundred day moving average is $52.26.

About VanEck High Yield Muni ETF

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.