Grimes & Company Inc. Grows Stock Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Grimes & Company Inc. grew its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 2.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,138,643 shares of the company’s stock after purchasing an additional 25,109 shares during the period. VanEck High Yield Muni ETF makes up approximately 1.6% of Grimes & Company Inc.’s holdings, making the stock its 15th largest position. Grimes & Company Inc. owned approximately 2.00% of VanEck High Yield Muni ETF worth $60,428,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in VanEck High Yield Muni ETF in the 2nd quarter worth approximately $30,000. Register Financial Advisors LLC bought a new stake in VanEck High Yield Muni ETF in the 1st quarter worth approximately $36,000. Aspire Private Capital LLC grew its position in VanEck High Yield Muni ETF by 74.2% in the 2nd quarter. Aspire Private Capital LLC now owns 1,338 shares of the company’s stock worth $69,000 after purchasing an additional 570 shares during the period. Lynx Investment Advisory bought a new stake in VanEck High Yield Muni ETF in the 2nd quarter worth approximately $70,000. Finally, Larson Financial Group LLC grew its position in VanEck High Yield Muni ETF by 13,241.7% in the 2nd quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock worth $83,000 after purchasing an additional 1,589 shares during the period.

VanEck High Yield Muni ETF Trading Down 0.7 %

BATS:HYD traded down $0.36 during trading hours on Thursday, reaching $51.95. The company had a trading volume of 680,889 shares. The company’s 50 day simple moving average is $52.61 and its 200 day simple moving average is $52.09.

VanEck High Yield Muni ETF Cuts Dividend

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

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.