1620 Investment Advisors Inc. Has $56,000 Position in VanEck High Yield Muni ETF (BATS:HYD)

1620 Investment Advisors Inc. reduced its holdings in shares of VanEck High Yield Muni ETF (BATS:HYDFree Report) by 34.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,078 shares of the company’s stock after selling 570 shares during the period. 1620 Investment Advisors Inc.’s holdings in VanEck High Yield Muni ETF were worth $56,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of HYD. Spire Wealth Management grew its stake in shares of VanEck High Yield Muni ETF by 69.6% in the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock valued at $25,000 after buying an additional 195 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter valued at about $170,000. EP Wealth Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at about $198,000. Breakwater Capital Group grew its stake in shares of VanEck High Yield Muni ETF by 10.7% in the 4th quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock valued at $228,000 after buying an additional 422 shares during the period. Finally, Sovran Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter valued at about $226,000.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD opened at $51.72 on Friday. The stock has a 50-day moving average of $51.86 and a 200-day moving average of $52.18. VanEck High Yield Muni ETF has a one year low of $50.78 and a one year high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

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

About VanEck High Yield Muni ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for VanEck High Yield Muni ETF (BATS:HYD)

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