VanEck High Yield Muni ETF (BATS:HYD) Shares Sold by Wealthspire Advisors LLC

Wealthspire Advisors LLC reduced its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 49.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 99,029 shares of the company’s stock after selling 98,749 shares during the period. Wealthspire Advisors LLC owned 0.17% of VanEck High Yield Muni ETF worth $5,141,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of HYD. Spire Wealth Management boosted its stake in shares of VanEck High Yield Muni ETF by 69.6% during the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after purchasing an additional 195 shares during the last quarter. Moser Wealth Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter worth about $53,000. Farther Finance Advisors LLC boosted its position in shares of VanEck High Yield Muni ETF by 1,541.8% in the third quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock worth $85,000 after acquiring an additional 1,511 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of VanEck High Yield Muni ETF in the fourth quarter worth approximately $170,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the third quarter worth approximately $198,000.

VanEck High Yield Muni ETF Stock Performance

HYD opened at $52.12 on Monday. The business has a 50-day moving average of $51.79 and a 200 day moving average of $52.23.

VanEck High Yield Muni ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2067 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from VanEck High Yield Muni ETF’s previous dividend of $0.18.

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.