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

Posted by Grant Hamersma on Feb 2nd, 2025

McAdam LLC cut its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD – Free Report) by 11.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,410 shares of the company’s stock after selling 2,351 shares during the period. McAdam LLC’s holdings in VanEck High Yield Muni ETF were worth $904,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Brookstone Capital Management acquired a new position in VanEck High Yield Muni ETF during the fourth quarter worth $523,000. Arkadios Wealth Advisors purchased a new stake in shares of VanEck High Yield Muni ETF during the fourth quarter worth about $315,000. Westside Investment Management Inc. raised its position in shares of VanEck High Yield Muni ETF by 12.8% during the 4th quarter. Westside Investment Management Inc. now owns 26,099 shares of the company’s stock worth $1,355,000 after purchasing an additional 2,966 shares during the last quarter. D.A. Davidson & CO. lifted its stake in VanEck High Yield Muni ETF by 4.1% in the 3rd quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock valued at $551,000 after buying an additional 408 shares in the last quarter. Finally, Insigneo Advisory Services LLC boosted its holdings in VanEck High Yield Muni ETF by 52.0% in the 3rd quarter. Insigneo Advisory Services LLC now owns 18,774 shares of the company’s stock worth $996,000 after buying an additional 6,420 shares during the last quarter.

VanEck High Yield Muni ETF Stock Up 1.1 %

BATS:HYD opened at $51.94 on Friday. The business’s 50 day moving average price is $52.00 and its 200 day moving average price is $52.27.

VanEck High Yield Muni ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be paid a $0.2067 dividend. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.18. The ex-dividend date is Monday, February 3rd.

VanEck High Yield Muni ETF Company Profile

(Free Report)

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.