Dumont & Blake Investment Advisors LLC Boosts Stock Holdings in VanEck High Yield Muni ETF $HYD

Dumont & Blake Investment Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 14.4% during the second quarter, Holdings Channel reports. The fund owned 5,062 shares of the company’s stock after acquiring an additional 636 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $254,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of VanEck High Yield Muni ETF by 4.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,717,156 shares of the company’s stock worth $87,884,000 after acquiring an additional 76,501 shares during the period. Royal Bank of Canada increased its position in shares of VanEck High Yield Muni ETF by 1.1% during the first quarter. Royal Bank of Canada now owns 1,696,780 shares of the company’s stock worth $86,842,000 after acquiring an additional 17,896 shares during the period. Assetmark Inc. increased its holdings in VanEck High Yield Muni ETF by 4.8% in the first quarter. Assetmark Inc. now owns 1,163,225 shares of the company’s stock valued at $59,534,000 after buying an additional 53,365 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in VanEck High Yield Muni ETF by 2.4% in the first quarter. Commonwealth Equity Services LLC now owns 973,257 shares of the company’s stock valued at $49,811,000 after buying an additional 22,743 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in VanEck High Yield Muni ETF by 5.9% in the first quarter. LPL Financial LLC now owns 718,628 shares of the company’s stock valued at $36,779,000 after buying an additional 40,020 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

BATS:HYD opened at $51.04 on Friday. The business’s fifty day moving average price is $50.22 and its 200 day moving average price is $49.89. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month high of $53.10.

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.