Ironwood Investment Counsel LLC Trims Stock Holdings in VanEck High Yield Muni ETF $HYD

Ironwood Investment Counsel LLC reduced its position in VanEck High Yield Muni ETF (BATS:HYDFree Report) by 17.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 70,255 shares of the company’s stock after selling 14,964 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in VanEck High Yield Muni ETF were worth $3,576,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. CoreCap Advisors LLC raised its position in VanEck High Yield Muni ETF by 753.2% in the 3rd quarter. CoreCap Advisors LLC now owns 657 shares of the company’s stock valued at $33,000 after purchasing an additional 580 shares during the last quarter. Mather Group LLC. purchased a new position in VanEck High Yield Muni ETF during the 3rd quarter worth $35,000. Northwest Capital Management Inc acquired a new position in VanEck High Yield Muni ETF in the third quarter valued at $38,000. Ameritas Advisory Services LLC purchased a new stake in shares of VanEck High Yield Muni ETF in the second quarter valued at about $56,000. Finally, GoalVest Advisory LLC purchased a new stake in shares of VanEck High Yield Muni ETF in the second quarter valued at about $95,000.

VanEck High Yield Muni ETF Price Performance

BATS HYD opened at $50.99 on Friday. VanEck High Yield Muni ETF has a 52-week low of $47.78 and a 52-week high of $53.10. The business’s 50-day moving average price is $51.12 and its 200 day moving average price is $50.60.

VanEck High Yield Muni ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.1859 dividend. This is an increase from VanEck High Yield Muni ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%.

VanEck High Yield Muni ETF 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.

See Also

Want to see what other hedge funds are holding HYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck High Yield Muni ETF (BATS:HYDFree Report).

Institutional Ownership by Quarter for VanEck High Yield Muni ETF (BATS:HYD)

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