BNP Paribas Financial Markets Has $1.45 Million Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

BNP Paribas Financial Markets lowered its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 22.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 28,000 shares of the company’s stock after selling 8,000 shares during the period. BNP Paribas Financial Markets’ holdings in VanEck High Yield Muni ETF were worth $1,453,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HYD. Spire Wealth Management grew its holdings 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 acquiring an additional 195 shares during the period. Headlands Technologies LLC boosted its stake in VanEck High Yield Muni ETF by 153.7% during the 4th quarter. Headlands Technologies LLC now owns 576 shares of the company’s stock valued at $30,000 after purchasing an additional 349 shares during the last quarter. Aptus Capital Advisors LLC bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter worth approximately $99,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter worth approximately $170,000. Finally, Burling Wealth Partners LLC bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter worth approximately $208,000.

VanEck High Yield Muni ETF Stock Down 2.8%

BATS:HYD opened at $49.92 on Monday. The firm’s 50 day moving average is $50.42 and its 200 day moving average is $51.46. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1588 per share. 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.