Avantax Planning Partners Inc. Boosts Position in VanEck High Yield Muni ETF (NYSEARCA:HYD)

Avantax Planning Partners Inc. boosted its holdings in shares of VanEck High Yield Muni ETF (NYSEARCA:HYD – Get Rating) by 221.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 42,707 shares of the company’s stock after purchasing an additional 29,411 shares during the quarter. Avantax Planning Partners Inc.’s holdings in VanEck High Yield Muni ETF were worth $2,451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of HYD. Connectus Wealth LLC purchased a new position in VanEck High Yield Muni ETF during the 1st quarter worth approximately $55,670,000. Bank of America Corp DE raised its position in VanEck High Yield Muni ETF by 4.1% during the 4th quarter. Bank of America Corp DE now owns 10,582,327 shares of the company’s stock worth $660,655,000 after buying an additional 420,901 shares during the last quarter. SG Americas Securities LLC purchased a new position in VanEck High Yield Muni ETF during the 4th quarter worth approximately $12,443,000. Empowered Funds LLC purchased a new position in VanEck High Yield Muni ETF during the 4th quarter worth approximately $12,061,000. Finally, IndexIQ Advisors LLC raised its position in VanEck High Yield Muni ETF by 553.6% during the 4th quarter. IndexIQ Advisors LLC now owns 197,561 shares of the company’s stock worth $12,334,000 after buying an additional 167,336 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of NYSEARCA:HYD traded down $0.47 during trading on Friday, hitting $54.56. 911,189 shares of the stock traded hands, compared to its average volume of 1,131,255. The company has a fifty day moving average price of $54.05 and a two-hundred day moving average price of $56.30. VanEck High Yield Muni ETF has a 52-week low of $50.90 and a 52-week high of $63.72.