VanEck High Yield Muni ETF (BATS:HYD) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its position in VanEck High Yield Muni ETF (BATS:HYD) by 34.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,927 shares of the company’s stock after selling 40,708 shares during the period. JPMorgan Chase & Co. owned 0.14% of VanEck High Yield Muni ETF worth $4,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in HYD. B. Riley Wealth Advisors Inc. purchased a new position in VanEck High Yield Muni ETF in the 3rd quarter valued at $347,000. World Investment Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the third quarter valued at about $2,724,000. Sanctuary Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF by 97.3% in the third quarter. Sanctuary Advisors LLC now owns 85,798 shares of the company’s stock worth $4,495,000 after buying an additional 42,314 shares in the last quarter. Westside Investment Management Inc. boosted its position in VanEck High Yield Muni ETF by 6.3% during the third quarter. Westside Investment Management Inc. now owns 23,133 shares of the company’s stock worth $1,228,000 after acquiring an additional 1,372 shares during the last quarter. Finally, Brophy Wealth Management LLC acquired a new position in VanEck High Yield Muni ETF during the third quarter worth about $863,000.

VanEck High Yield Muni ETF Price Performance

HYD stock opened at $51.63 on Friday. The company has a 50 day simple moving average of $52.09 and a 200-day simple moving average of $52.29.

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.