Martel Wealth Advisors Inc Has $1.99 Million Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Martel Wealth Advisors Inc grew its position in VanEck High Yield Muni ETF (BATS:HYD) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,359 shares of the company’s stock after buying an additional 400 shares during the quarter. VanEck High Yield Muni ETF makes up approximately 0.4% of Martel Wealth Advisors Inc’s portfolio, making the stock its 26th largest position. Martel Wealth Advisors Inc owned approximately 0.07% of VanEck High Yield Muni ETF worth $1,991,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in HYD. Renaissance Technologies LLC boosted its position in shares of VanEck High Yield Muni ETF by 6.5% in the second quarter. Renaissance Technologies LLC now owns 151,800 shares of the company’s stock worth $7,840,000 after buying an additional 9,236 shares during the period. Thrivent Financial for Lutherans boosted its position in VanEck High Yield Muni ETF by 48.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 14,080 shares of the company’s stock worth $727,000 after acquiring an additional 4,608 shares during the period. EverSource Wealth Advisors LLC boosted its position in VanEck High Yield Muni ETF by 1.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,495 shares of the company’s stock worth $1,235,000 after acquiring an additional 251 shares during the period. Insigneo Advisory Services LLC purchased a new position in VanEck High Yield Muni ETF during the 2nd quarter valued at about $649,000. Finally, Creative Planning increased its holdings in shares of VanEck High Yield Muni ETF by 160.3% in the 2nd quarter. Creative Planning now owns 21,033 shares of the company’s stock valued at $1,086,000 after purchasing an additional 12,954 shares during the period.

VanEck High Yield Muni ETF Stock Up 0.6 %

HYD stock opened at $51.63 on Tuesday. The stock’s 50 day moving average is $52.09 and its 200 day moving average is $52.30.

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.