VanEck High Yield Muni ETF (BATS:HYD) Position Lifted by Verus Capital Partners LLC

Verus Capital Partners LLC raised its stake in VanEck High Yield Muni ETF (BATS:HYD) by 3.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 7,616 shares of the company’s stock after purchasing an additional 236 shares during the period. Verus Capital Partners LLC’s holdings in VanEck High Yield Muni ETF were worth $404,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Private Ocean LLC grew its stake in VanEck High Yield Muni ETF by 239.2% in the second quarter. Private Ocean LLC now owns 522,578 shares of the company’s stock worth $26,991,000 after purchasing an additional 368,527 shares in the last quarter. Sei Investments Co. lifted its holdings in VanEck High Yield Muni ETF by 7.7% during the 2nd quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock worth $196,067,000 after buying an additional 270,773 shares during the last quarter. Forum Financial Management LP lifted its holdings in VanEck High Yield Muni ETF by 61.7% during the 2nd quarter. Forum Financial Management LP now owns 607,076 shares of the company’s stock worth $31,355,000 after buying an additional 231,543 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of VanEck High Yield Muni ETF by 19.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 873,023 shares of the company’s stock worth $45,092,000 after acquiring an additional 140,807 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at approximately $5,634,000.

VanEck High Yield Muni ETF Trading Down 0.3 %

Shares of HYD opened at $52.11 on Wednesday. The stock’s 50-day moving average price is $52.53 and its two-hundred day moving average price is $52.16.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1803 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.