Principal Securities Inc. Invests $417,000 in VanEck High Yield Muni ETF (BATS:HYD)

Principal Securities Inc. acquired a new position in shares of VanEck High Yield Muni ETF (BATS:HYDFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,073 shares of the company’s stock, valued at approximately $417,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in HYD. Grimes & Company Inc. bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter worth about $56,648,000. Bank of New York Mellon Corp acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter worth about $19,017,000. Sage Mountain Advisors LLC raised its holdings in shares of VanEck High Yield Muni ETF by 4,067.8% in the 4th quarter. Sage Mountain Advisors LLC now owns 387,853 shares of the company’s stock worth $20,025,000 after acquiring an additional 378,547 shares during the last quarter. Wright Fund Management LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter worth about $15,138,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter worth about $11,553,000.

VanEck High Yield Muni ETF Trading Up 0.3 %

HYD opened at $51.98 on Thursday. The stock has a fifty day simple moving average of $51.69 and a 200-day simple moving average of $51.12.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.1942 dividend. The ex-dividend date of this dividend was Monday, April 1st.

VanEck High Yield Muni ETF Profile

(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.

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

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