Centaurus Financial Inc. Invests $1.56 Million in VanEck High Yield Muni ETF $HYD

Centaurus Financial Inc. purchased a new stake in shares of VanEck High Yield Muni ETF (BATS:HYD) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 31,182 shares of the company’s stock, valued at approximately $1,563,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Boyd Watterson Asset Management LLC OH acquired a new stake in VanEck High Yield Muni ETF in the fourth quarter worth about $25,000. US Bancorp DE increased its stake in VanEck High Yield Muni ETF by 101.1% during the 3rd quarter. US Bancorp DE now owns 539 shares of the company’s stock valued at $27,000 after buying an additional 271 shares during the period. Turning Point Benefit Group Inc. acquired a new position in VanEck High Yield Muni ETF during the 3rd quarter valued at about $30,000. JDM Financial Group LLC acquired a new position in VanEck High Yield Muni ETF during the 4th quarter valued at about $38,000. Finally, Blue Trust Inc. raised its position in shares of VanEck High Yield Muni ETF by 159.0% during the 1st quarter. Blue Trust Inc. now owns 1,041 shares of the company’s stock worth $52,000 after buying an additional 639 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

HYD stock opened at $50.22 on Friday. The firm’s 50-day moving average is $51.15 and its two-hundred day moving average is $51.02. VanEck High Yield Muni ETF has a 52 week low of $49.08 and a 52 week high of $51.68.

VanEck High Yield Muni ETF Company 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.