EverSource Wealth Advisors LLC Purchases 10,970 Shares of VanEck High Yield Muni ETF (BATS:HYD)

EverSource Wealth Advisors LLC raised its position in VanEck High Yield Muni ETF (BATS:HYD) by 89.4% during the first quarter, Holdings Channel reports. The fund owned 23,244 shares of the company’s stock after acquiring an additional 10,970 shares during the period. EverSource Wealth Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $1,190,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Capital Investment Advisory Services LLC bought a new position in VanEck High Yield Muni ETF during the first quarter valued at approximately $26,000. Parallel Advisors LLC increased its holdings in VanEck High Yield Muni ETF by 170.4% during the 4th quarter. Parallel Advisors LLC now owns 511 shares of the company’s stock worth $26,000 after purchasing an additional 322 shares during the period. Register Financial Advisors LLC purchased a new position in VanEck High Yield Muni ETF during the 1st quarter worth $36,000. Blue Trust Inc. increased its holdings in shares of VanEck High Yield Muni ETF by 44.2% in the 4th quarter. Blue Trust Inc. now owns 793 shares of the company’s stock valued at $39,000 after acquiring an additional 243 shares during the period. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of VanEck High Yield Muni ETF in the 4th quarter valued at $57,000.

VanEck High Yield Muni ETF Trading Up 1.3 %

Shares of BATS:HYD traded up $0.68 on Friday, reaching $52.47. The company had a trading volume of 809,709 shares. The business has a 50-day moving average of $51.96 and a 200 day moving average of $51.73.

VanEck High Yield Muni ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a dividend of $0.1882 per share. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, July 1st.

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.