Veery Capital LLC Boosts Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Veery Capital LLC grew its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 7.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 93,927 shares of the company’s stock after acquiring an additional 6,730 shares during the quarter. VanEck High Yield Muni ETF comprises 1.9% of Veery Capital LLC’s investment portfolio, making the stock its 14th largest position. Veery Capital LLC’s holdings in VanEck High Yield Muni ETF were worth $4,985,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HYD. Concourse Financial Group Securities Inc. increased its position in shares of VanEck High Yield Muni ETF by 31.7% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 16,638 shares of the company’s stock valued at $859,000 after purchasing an additional 4,007 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in shares of VanEck High Yield Muni ETF by 32.4% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 23,878 shares of the company’s stock worth $1,233,000 after buying an additional 5,839 shares during the period. Victory Capital Management Inc. bought a new stake in shares of VanEck High Yield Muni ETF in the 2nd quarter valued at about $2,066,000. International Assets Investment Management LLC lifted its stake in shares of VanEck High Yield Muni ETF by 7.4% in the 2nd quarter. International Assets Investment Management LLC now owns 4,767 shares of the company’s stock valued at $246,000 after acquiring an additional 329 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in VanEck High Yield Muni ETF by 52.9% during the 2nd quarter. Private Advisor Group LLC now owns 19,437 shares of the company’s stock valued at $1,004,000 after acquiring an additional 6,726 shares during the period.

VanEck High Yield Muni ETF Stock Performance

HYD opened at $52.31 on Friday. The stock’s 50-day moving average is $52.50 and its 200 day moving average is $52.17.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1803 per share. 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.