Sigma Planning Corp Trims Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

Posted by Oscar Bower on Apr 26th, 2024

Sigma Planning Corp cut its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD – Free Report) by 6.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,751 shares of the company’s stock after selling 622 shares during the quarter. Sigma Planning Corp’s holdings in VanEck High Yield Muni ETF were worth $452,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in shares of VanEck High Yield Muni ETF by 44.2% in the 4th quarter. Blue Trust Inc. now owns 793 shares of the company’s stock worth $39,000 after purchasing an additional 243 shares during the period. Sheets Smith Wealth Management purchased a new position in shares of VanEck High Yield Muni ETF in the 3rd quarter worth about $98,000. Clearstead Advisors LLC purchased a new position in shares of VanEck High Yield Muni ETF in the 3rd quarter worth about $108,000. Davidson Investment Advisors acquired a new stake in shares of VanEck High Yield Muni ETF in the third quarter valued at about $128,000. Finally, Global Retirement Partners LLC grew its stake in shares of VanEck High Yield Muni ETF by 549.7% in the fourth quarter. Global Retirement Partners LLC now owns 2,495 shares of the company’s stock valued at $128,000 after buying an additional 2,111 shares in the last quarter.

VanEck High Yield Muni ETF Stock Down 0.4 %

HYD stock opened at $51.16 on Friday. The company has a 50-day moving average of $51.77 and a 200-day moving average of $50.78.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.1942 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.