Ironwood Investment Counsel LLC Has $5.40 Million Stock Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Ironwood Investment Counsel LLC decreased its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,971 shares of the company’s stock after selling 6,904 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in VanEck High Yield Muni ETF were worth $5,397,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Wealthfront Advisers LLC grew its position in VanEck High Yield Muni ETF by 179,713.4% during the fourth quarter. Wealthfront Advisers LLC now owns 39,219,100 shares of the company’s stock valued at $2,035,863,000 after purchasing an additional 39,197,289 shares in the last quarter. Grimes & Company Inc. grew its holdings in shares of VanEck High Yield Muni ETF by 4.4% during the 4th quarter. Grimes & Company Inc. now owns 1,189,221 shares of the company’s stock valued at $61,732,000 after acquiring an additional 50,578 shares in the last quarter. Assetmark Inc. increased its stake in shares of VanEck High Yield Muni ETF by 5.4% in the fourth quarter. Assetmark Inc. now owns 1,109,860 shares of the company’s stock worth $57,613,000 after acquiring an additional 56,434 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of VanEck High Yield Muni ETF by 5.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 950,514 shares of the company’s stock worth $49,341,000 after acquiring an additional 45,174 shares in the last quarter. Finally, Ocean Park Asset Management LLC raised its holdings in shares of VanEck High Yield Muni ETF by 98.0% during the fourth quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock worth $33,690,000 after acquiring an additional 321,160 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

HYD opened at $51.71 on Friday. The stock has a fifty day moving average price of $51.87 and a 200 day moving average price of $52.21. VanEck High Yield Muni ETF has a 1 year low of $50.78 and a 1 year high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1588 per share. The ex-dividend date was Monday, March 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.