Ramsey Quantitative Systems Buys Shares of 21,000 VanEck High Yield Muni ETF $HYD

Ramsey Quantitative Systems bought a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 21,000 shares of the company’s stock, valued at approximately $1,082,000. VanEck High Yield Muni ETF comprises 1.0% of Ramsey Quantitative Systems’ holdings, making the stock its 5th largest holding.

Several other institutional investors also recently modified their holdings of HYD. Revolve Wealth Partners LLC raised its position in shares of VanEck High Yield Muni ETF by 6.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 191,107 shares of the company’s stock valued at $9,920,000 after acquiring an additional 10,798 shares during the period. Qube Research & Technologies Ltd grew its holdings in VanEck High Yield Muni ETF by 67.2% during the second quarter. Qube Research & Technologies Ltd now owns 11,227 shares of the company’s stock valued at $564,000 after purchasing an additional 4,514 shares during the period. NewEdge Advisors LLC grew its holdings in VanEck High Yield Muni ETF by 33.1% during the second quarter. NewEdge Advisors LLC now owns 20,738 shares of the company’s stock valued at $1,041,000 after purchasing an additional 5,159 shares during the period. Diversify Advisory Services LLC acquired a new position in VanEck High Yield Muni ETF during the second quarter valued at approximately $225,000. Finally, Ameriprise Financial Inc. increased its stake in VanEck High Yield Muni ETF by 38.5% in the second quarter. Ameriprise Financial Inc. now owns 568,929 shares of the company’s stock valued at $28,547,000 after purchasing an additional 158,024 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

HYD opened at $50.45 on Wednesday. The firm’s fifty day moving average is $51.04 and its two-hundred day moving average is $50.97. VanEck High Yield Muni ETF has a twelve month low of $49.08 and a twelve month high of $51.68.

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.