VanEck High Yield Muni ETF (BATS:HYD) Stock Position Decreased by Foster & Motley Inc.

Foster & Motley Inc. decreased its stake in VanEck High Yield Muni ETF (BATS:HYD) by 8.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,959 shares of the company’s stock after selling 1,331 shares during the quarter. Foster & Motley Inc.’s holdings in VanEck High Yield Muni ETF were worth $741,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC raised its holdings in VanEck High Yield Muni ETF by 3.3% during the first quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock valued at $450,000 after buying an additional 276 shares in the last quarter. Concourse Financial Group Securities Inc. raised its stake in shares of VanEck High Yield Muni ETF by 31.7% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 16,638 shares of the company’s stock valued at $859,000 after acquiring an additional 4,007 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in VanEck High Yield Muni ETF by 32.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 23,878 shares of the company’s stock worth $1,233,000 after purchasing an additional 5,839 shares during the last quarter. Victory Capital Management Inc. bought a new stake in VanEck High Yield Muni ETF during the second quarter worth approximately $2,066,000. Finally, International Assets Investment Management LLC grew its holdings in VanEck High Yield Muni ETF by 7.4% during the second quarter. International Assets Investment Management LLC now owns 4,767 shares of the company’s stock valued at $246,000 after purchasing an additional 329 shares during the last quarter.

VanEck High Yield Muni ETF Stock Up 0.3 %

Shares of VanEck High Yield Muni ETF stock opened at $51.68 on Friday. The business has a fifty day moving average price of $52.54 and a two-hundred day moving average price of $52.14.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently announced 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 was Tuesday, September 3rd.

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.