M&T Bank Corp Makes New Investment in VanEck High Yield Muni ETF (BATS:HYD)

M&T Bank Corp bought a new position in VanEck High Yield Muni ETF (BATS:HYD) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 29,000 shares of the company’s stock, valued at approximately $1,539,000. M&T Bank Corp owned about 0.05% of VanEck High Yield Muni ETF as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HYD. Moser Wealth Advisors LLC purchased a new position in VanEck High Yield Muni ETF in the third quarter worth $53,000. Larson Financial Group LLC raised its stake in shares of VanEck High Yield Muni ETF by 13,241.7% during the 2nd quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock worth $83,000 after purchasing an additional 1,589 shares during the period. 1620 Investment Advisors Inc. purchased a new position in shares of VanEck High Yield Muni ETF in the 2nd quarter worth about $85,000. Farther Finance Advisors LLC grew its position in VanEck High Yield Muni ETF by 1,541.8% during the third quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock valued at $85,000 after buying an additional 1,511 shares during the period. Finally, Farmers & Merchants Investments Inc. bought a new position in VanEck High Yield Muni ETF during the second quarter valued at about $111,000.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD stock opened at $52.11 on Friday. The stock has a 50 day moving average of $52.39 and a 200-day moving average of $52.31.

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.