Veery Capital LLC Purchases 11,256 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Veery Capital LLC raised its position in VanEck High Yield Muni ETF (BATS:HYD) by 14.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 86,967 shares of the company’s stock after acquiring an additional 11,256 shares during the period. VanEck High Yield Muni ETF comprises 1.9% of Veery Capital LLC’s portfolio, making the stock its 13th biggest position. Veery Capital LLC’s holdings in VanEck High Yield Muni ETF were worth $4,545,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. First United Bank & Trust increased its position in shares of VanEck High Yield Muni ETF by 1.0% in the fourth quarter. First United Bank & Trust now owns 23,574 shares of the company’s stock valued at $1,217,000 after acquiring an additional 229 shares during the last quarter. Blue Trust Inc. increased its position in shares of VanEck High Yield Muni ETF by 44.2% during 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 last quarter. Carmichael Hill & Associates Inc. raised its stake in shares of VanEck High Yield Muni ETF by 3.3% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 8,175 shares of the company’s stock worth $422,000 after purchasing an additional 261 shares in the last quarter. AlphaStar Capital Management LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 2.3% in the 4th quarter. AlphaStar Capital Management LLC now owns 14,233 shares of the company’s stock valued at $735,000 after buying an additional 315 shares during the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of VanEck High Yield Muni ETF by 170.4% in the fourth quarter. Parallel Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after buying an additional 322 shares in the last quarter.

VanEck High Yield Muni ETF Trading Up 0.5 %

BATS HYD traded up $0.24 on Thursday, hitting $51.83. 273,130 shares of the stock were exchanged. The business has a 50 day simple moving average of $51.68 and a two-hundred day simple moving average of $51.62.

VanEck High Yield Muni ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a $0.1882 dividend. This is a boost from VanEck High Yield Muni ETF’s previous dividend of $0.19. The ex-dividend date of this dividend is Monday, July 1st.

VanEck High Yield Muni ETF 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.