Sofi Wealth LLC Acquires 7,133 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Sofi Wealth LLC grew its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 9.4% in the third quarter, Holdings Channel reports. The firm owned 83,338 shares of the company’s stock after buying an additional 7,133 shares during the quarter. VanEck High Yield Muni ETF accounts for about 0.3% of Sofi Wealth LLC’s portfolio, making the stock its 11th biggest position. Sofi Wealth LLC’s holdings in VanEck High Yield Muni ETF were worth $4,423,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VanEck High Yield Muni ETF in the 2nd quarter worth $30,000. Aspire Private Capital LLC grew its holdings in shares of VanEck High Yield Muni ETF by 74.2% in the second quarter. Aspire Private Capital LLC now owns 1,338 shares of the company’s stock worth $69,000 after acquiring an additional 570 shares during the period. Lynx Investment Advisory bought a new stake in shares of VanEck High Yield Muni ETF in the second quarter worth $70,000. Larson Financial Group LLC grew its holdings in shares of VanEck High Yield Muni ETF by 13,241.7% in the second quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock worth $83,000 after acquiring an additional 1,589 shares during the period. Finally, 1620 Investment Advisors Inc. bought a new stake in shares of VanEck High Yield Muni ETF in the second quarter worth $85,000.

VanEck High Yield Muni ETF Price Performance

Shares of HYD traded down $0.01 during trading hours on Friday, hitting $52.04. The stock had a trading volume of 559,205 shares. The firm has a 50 day moving average price of $52.58 and a two-hundred day moving average price of $52.13.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.1803 dividend. 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.