TIAA Trust National Association Acquires 2,876 Shares of VanEck High Yield Muni ETF (BATS:HYD)

TIAA Trust National Association lifted its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 0.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 673,338 shares of the company’s stock after purchasing an additional 2,876 shares during the period. TIAA Trust National Association’s holdings in VanEck High Yield Muni ETF were worth $34,953,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Spire Wealth Management lifted its position in VanEck High Yield Muni ETF by 69.6% during the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after buying an additional 195 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of VanEck High Yield Muni ETF in the fourth quarter valued at about $170,000. EP Wealth Advisors LLC bought a new stake in VanEck High Yield Muni ETF during the third quarter worth about $198,000. Sovran Advisors LLC acquired a new position in VanEck High Yield Muni ETF during the fourth quarter valued at approximately $226,000. Finally, Breakwater Capital Group grew its stake in VanEck High Yield Muni ETF by 10.7% in the fourth quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock valued at $228,000 after purchasing an additional 422 shares in the last quarter.

VanEck High Yield Muni ETF Stock Up 0.5 %

BATS:HYD opened at $51.62 on Tuesday. VanEck High Yield Muni ETF has a twelve month low of $50.78 and a twelve month high of $53.10. The stock’s 50 day moving average price is $51.86 and its two-hundred day moving average price is $52.17.

VanEck High Yield Muni ETF Cuts Dividend

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

VanEck High Yield Muni ETF Company 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.