VanEck High Yield Muni ETF (BATS:HYD) Shares Sold by Stephens Inc. AR

Stephens Inc. AR trimmed its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 4.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,144 shares of the company’s stock after selling 521 shares during the quarter. Stephens Inc. AR’s holdings in VanEck High Yield Muni ETF were worth $527,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of HYD. Spire Wealth Management lifted its holdings in VanEck High Yield Muni ETF by 69.6% in the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock valued at $25,000 after acquiring an additional 195 shares during the last quarter. Moser Wealth Advisors LLC acquired a new stake in VanEck High Yield Muni ETF in the 3rd quarter valued at about $53,000. Farther Finance Advisors LLC raised its holdings in VanEck High Yield Muni ETF by 1,541.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock worth $85,000 after buying an additional 1,511 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in VanEck High Yield Muni ETF during the 4th quarter worth about $170,000. Finally, EP Wealth Advisors LLC acquired a new stake in VanEck High Yield Muni ETF during the 3rd quarter worth about $198,000.

VanEck High Yield Muni ETF Stock Performance

BATS HYD opened at $51.89 on Friday. The business’s 50-day moving average is $51.87 and its 200-day moving average is $52.26.

VanEck High Yield Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2067 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.18.

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.