Nwam LLC Makes New $425,000 Investment in VanEck High Yield Muni ETF (BATS:HYD)

Nwam LLC acquired a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,007 shares of the company’s stock, valued at approximately $425,000.

A number of other institutional investors also recently modified their holdings of HYD. Cetera Investment Advisers boosted its holdings in shares of VanEck High Yield Muni ETF by 76.5% in the 1st quarter. Cetera Investment Advisers now owns 238,452 shares of the company’s stock valued at $12,461,000 after buying an additional 103,364 shares during the last quarter. Cetera Advisors LLC increased its stake in shares of VanEck High Yield Muni ETF by 44.8% in the 1st quarter. Cetera Advisors LLC now owns 23,822 shares of the company’s stock valued at $1,245,000 after purchasing an additional 7,365 shares during the last quarter. Hamilton Wealth LLC bought a new position in VanEck High Yield Muni ETF in the first quarter valued at about $356,000. EverSource Wealth Advisors LLC increased its position in VanEck High Yield Muni ETF by 89.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 23,244 shares of the company’s stock worth $1,190,000 after purchasing an additional 10,970 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of VanEck High Yield Muni ETF during the second quarter worth $30,000.

VanEck High Yield Muni ETF Price Performance

Shares of HYD opened at $52.39 on Monday. The firm has a 50 day moving average price of $52.47 and a two-hundred day moving average price of $52.21.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1803 per share. The ex-dividend date of this dividend 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.