First United Bank & Trust Grows Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

First United Bank & Trust boosted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 19.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 26,689 shares of the company’s stock after acquiring an additional 4,292 shares during the period. First United Bank & Trust’s holdings in VanEck High Yield Muni ETF were worth $1,385,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of HYD. Verus Capital Partners LLC grew its stake in shares of VanEck High Yield Muni ETF by 3.2% during the third quarter. Verus Capital Partners LLC now owns 7,616 shares of the company’s stock worth $404,000 after purchasing an additional 236 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings 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 buying an additional 251 shares during the last quarter. Chesley Taft & Associates LLC boosted its position in shares of VanEck High Yield Muni ETF by 3.4% during the 3rd quarter. Chesley Taft & Associates LLC now owns 12,125 shares of the company’s stock worth $643,000 after acquiring an additional 400 shares in the last quarter. Martel Wealth Advisors Inc increased its holdings in shares of VanEck High Yield Muni ETF by 1.1% in the 4th quarter. Martel Wealth Advisors Inc now owns 38,359 shares of the company’s stock valued at $1,991,000 after acquiring an additional 400 shares during the last quarter. Finally, D.A. Davidson & CO. raised its position in shares of VanEck High Yield Muni ETF by 4.1% during the 3rd quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock worth $551,000 after acquiring an additional 408 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of HYD opened at $51.63 on Tuesday. The company has a 50-day simple moving average of $52.09 and a 200 day simple moving average of $52.30.

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.