Global Retirement Partners LLC Acquires 8,746 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Global Retirement Partners LLC raised its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 3,659.4% during the fourth quarter, HoldingsChannel reports. The firm owned 8,985 shares of the company’s stock after purchasing an additional 8,746 shares during the period. Global Retirement Partners LLC’s holdings in VanEck High Yield Muni ETF were worth $466,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Brookstone Capital Management purchased a new position in VanEck High Yield Muni ETF during the fourth quarter valued at approximately $523,000. Arkadios Wealth Advisors bought a new stake in VanEck High Yield Muni ETF during the 4th quarter valued at $315,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of VanEck High Yield Muni ETF in the 4th quarter valued at $170,000. Westside Investment Management Inc. raised its position in shares of VanEck High Yield Muni ETF by 12.8% in the 4th quarter. Westside Investment Management Inc. now owns 26,099 shares of the company’s stock worth $1,355,000 after acquiring an additional 2,966 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its stake in shares of VanEck High Yield Muni ETF by 4.1% during the 3rd quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock worth $551,000 after purchasing an additional 408 shares during the last quarter.

VanEck High Yield Muni ETF Trading Up 1.5 %

Shares of VanEck High Yield Muni ETF stock opened at $52.12 on Monday. The stock has a 50-day moving average price of $51.79 and a 200 day moving average price of $52.23.

VanEck High Yield Muni ETF Increases Dividend

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

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.