RFG Advisory LLC Increases Stock Holdings in VanEck High Yield Muni ETF (BATS:HYD)

RFG Advisory LLC grew its stake in VanEck High Yield Muni ETF (BATS:HYD) by 1.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 195,139 shares of the company’s stock after buying an additional 2,466 shares during the quarter. RFG Advisory LLC’s holdings in VanEck High Yield Muni ETF were worth $10,356,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of VanEck High Yield Muni ETF in the 2nd quarter valued at about $30,000. Register Financial Advisors LLC purchased a new position in shares of VanEck High Yield Muni ETF in the 1st quarter valued at about $36,000. Aspire Private Capital LLC boosted its stake in shares of VanEck High Yield Muni ETF by 74.2% in the 2nd quarter. Aspire Private Capital LLC now owns 1,338 shares of the company’s stock valued at $69,000 after buying an additional 570 shares during the period. Lynx Investment Advisory acquired a new stake in shares of VanEck High Yield Muni ETF during the 2nd quarter worth about $70,000. Finally, Larson Financial Group LLC raised its position in shares of VanEck High Yield Muni ETF by 13,241.7% during the 2nd quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock worth $83,000 after acquiring an additional 1,589 shares in the last quarter.

VanEck High Yield Muni ETF Trading Down 0.1 %

Shares of BATS HYD opened at $52.70 on Friday. The stock’s fifty day simple moving average is $52.60 and its 200-day simple moving average is $52.07.

VanEck High Yield Muni ETF Cuts Dividend

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

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.