BNP Paribas Financial Markets Reduces Position in VanEck High Yield Muni ETF (BATS:HYD)

BNP Paribas Financial Markets decreased its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 13.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,000 shares of the company’s stock after selling 5,625 shares during the period. BNP Paribas Financial Markets owned 0.06% of VanEck High Yield Muni ETF worth $1,911,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Moser Wealth Advisors LLC acquired a new position in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at $53,000. Aspire Private Capital LLC grew its position in VanEck High Yield Muni ETF by 74.2% during the 2nd quarter. Aspire Private Capital LLC now owns 1,338 shares of the company’s stock worth $69,000 after purchasing an additional 570 shares during the last quarter. Larson Financial Group LLC increased its stake in VanEck High Yield Muni ETF by 13,241.7% in the second quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock valued at $83,000 after purchasing an additional 1,589 shares during the period. 1620 Investment Advisors Inc. purchased a new stake in shares of VanEck High Yield Muni ETF in the second quarter valued at about $85,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of VanEck High Yield Muni ETF by 1,541.8% during the third quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock worth $85,000 after buying an additional 1,511 shares during the period.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD stock opened at $52.76 on Friday. The firm has a 50-day moving average of $52.44 and a 200-day moving average of $52.27.

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.