Rehmann Capital Advisory Group Purchases 4,551 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Rehmann Capital Advisory Group increased its position in VanEck High Yield Muni ETF (BATS:HYD) by 21.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,525 shares of the company’s stock after purchasing an additional 4,551 shares during the quarter. Rehmann Capital Advisory Group’s holdings in VanEck High Yield Muni ETF were worth $1,334,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Grimes & Company Inc. bought a new position in VanEck High Yield Muni ETF in the 4th quarter valued at about $56,648,000. Forum Financial Management LP bought a new position in VanEck High Yield Muni ETF in the 4th quarter valued at about $27,487,000. Sage Mountain Advisors LLC grew its position in shares of VanEck High Yield Muni ETF by 4,067.8% during the 4th quarter. Sage Mountain Advisors LLC now owns 387,853 shares of the company’s stock worth $20,025,000 after purchasing an additional 378,547 shares in the last quarter. Counterpoint Mutual Funds LLC grew its position in shares of VanEck High Yield Muni ETF by 103.5% during the 1st quarter. Counterpoint Mutual Funds LLC now owns 657,359 shares of the company’s stock worth $34,354,000 after purchasing an additional 334,308 shares in the last quarter. Finally, Wright Fund Management LLC acquired a new position in shares of VanEck High Yield Muni ETF during the 4th quarter worth approximately $15,138,000.

VanEck High Yield Muni ETF Stock Up 0.0 %

Shares of BATS:HYD traded up $0.02 on Wednesday, reaching $52.01. 221,177 shares of the company’s stock were exchanged. The company’s fifty day moving average price is $51.74 and its two-hundred day moving average price is $51.63.

VanEck High Yield Muni ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a dividend of $0.1882 per share. This is a positive change from VanEck High Yield Muni ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, July 1st.

About VanEck High Yield Muni ETF

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.