VanEck High Yield Muni ETF (BATS:HYD) Shares Bought by Kestra Investment Management LLC

Kestra Investment Management LLC lifted its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 10.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 181,311 shares of the company’s stock after purchasing an additional 17,741 shares during the period. Kestra Investment Management LLC’s holdings in VanEck High Yield Muni ETF were worth $9,412,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in HYD. Spire Wealth Management grew its stake in VanEck High Yield Muni ETF by 69.6% during the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after buying an additional 195 shares during the last quarter. Moser Wealth Advisors LLC acquired a new position in VanEck High Yield Muni ETF during the third quarter worth about $53,000. Farther Finance Advisors LLC increased its position in shares of VanEck High Yield Muni ETF by 1,541.8% in the third quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock valued at $85,000 after buying an additional 1,511 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in VanEck High Yield Muni ETF in the 4th quarter valued at approximately $170,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter worth about $198,000.

VanEck High Yield Muni ETF Stock Performance

Shares of VanEck High Yield Muni ETF stock opened at $51.89 on Tuesday. The business’s fifty day simple moving average is $51.85 and its two-hundred day simple moving average is $52.25.

VanEck High Yield Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2067 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from VanEck High Yield Muni ETF’s previous dividend of $0.18.

VanEck High Yield Muni ETF Company 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.