VanEck High Yield Muni ETF (BATS:HYD) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. trimmed its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 33.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 20,000 shares of the company’s stock after selling 10,000 shares during the period. Victory Capital Management Inc.’s holdings in VanEck High Yield Muni ETF were worth $1,038,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of HYD. Avior Wealth Management LLC lifted its stake in VanEck High Yield Muni ETF by 12.1% during the third quarter. Avior Wealth Management LLC now owns 8,923 shares of the company’s stock valued at $474,000 after buying an additional 961 shares in the last quarter. Nwam LLC purchased a new stake in VanEck High Yield Muni ETF during the third quarter valued at about $425,000. Great Valley Advisor Group Inc. lifted its stake in VanEck High Yield Muni ETF by 1.4% during the third quarter. Great Valley Advisor Group Inc. now owns 77,826 shares of the company’s stock valued at $4,130,000 after buying an additional 1,105 shares in the last quarter. Private Trust Co. NA lifted its stake in VanEck High Yield Muni ETF by 115.5% during the third quarter. Private Trust Co. NA now owns 5,717 shares of the company’s stock valued at $303,000 after buying an additional 3,064 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its stake in VanEck High Yield Muni ETF by 4.1% during the third quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock valued at $551,000 after buying an additional 408 shares in the last quarter.

VanEck High Yield Muni ETF Trading Up 0.9 %

Shares of HYD opened at $51.80 on Friday. VanEck High Yield Muni ETF has a fifty-two week low of $50.78 and a fifty-two week high of $53.10. The business’s 50-day moving average is $51.86 and its 200-day moving average is $52.19.

VanEck High Yield Muni ETF Cuts Dividend

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