Hamilton Wealth LLC Purchases Shares of 43,515 VanEck High Yield Muni ETF $HYD

Hamilton Wealth LLC acquired a new stake in shares of VanEck High Yield Muni ETF (BATS:HYD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 43,515 shares of the company’s stock, valued at approximately $2,215,000. Hamilton Wealth LLC owned about 0.07% of VanEck High Yield Muni ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in HYD. Avidian Wealth Enterprises LLC bought a new position in VanEck High Yield Muni ETF during the third quarter valued at approximately $3,218,000. Cliftonlarsonallen Wealth Advisors LLC increased its stake in VanEck High Yield Muni ETF by 126.3% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 87,373 shares of the company’s stock worth $4,447,000 after acquiring an additional 48,767 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter worth approximately $18,230,000. Beacon Pointe Advisors LLC boosted its position in shares of VanEck High Yield Muni ETF by 24.1% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 60,296 shares of the company’s stock valued at $3,027,000 after acquiring an additional 11,696 shares during the last quarter. Finally, Caldwell Trust Co bought a new position in shares of VanEck High Yield Muni ETF during the 2nd quarter valued at approximately $556,000.

VanEck High Yield Muni ETF Price Performance

HYD stock opened at $50.70 on Monday. The firm has a fifty day moving average price of $51.15 and a 200 day moving average price of $50.95. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week high of $51.99.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.1717 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.