Wedmont Private Capital Decreases Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Wedmont Private Capital trimmed its stake in VanEck High Yield Muni ETF (BATS:HYD) by 6.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,287 shares of the company’s stock after selling 1,807 shares during the period. Wedmont Private Capital’s holdings in VanEck High Yield Muni ETF were worth $1,381,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Yeomans Consulting Group Inc. increased its stake in shares of VanEck High Yield Muni ETF by 1.1% in the 2nd quarter. Yeomans Consulting Group Inc. now owns 22,366 shares of the company’s stock worth $1,155,000 after purchasing an additional 237 shares in the last quarter. Xcel Wealth Management LLC increased its stake in shares of VanEck High Yield Muni ETF by 4.2% in the 2nd quarter. Xcel Wealth Management LLC now owns 6,250 shares of the company’s stock worth $323,000 after purchasing an additional 250 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of VanEck High Yield Muni ETF by 1.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,495 shares of the company’s stock worth $1,235,000 after purchasing an additional 251 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of VanEck High Yield Muni ETF by 3.3% in the 1st quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock worth $450,000 after purchasing an additional 276 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. increased its stake in shares of VanEck High Yield Muni ETF by 3.4% in the 2nd quarter. Argonautica Private Wealth Management Inc. now owns 8,667 shares of the company’s stock worth $448,000 after purchasing an additional 283 shares in the last quarter.

VanEck High Yield Muni ETF Stock Up 0.1 %

BATS:HYD opened at $52.55 on Friday. The business has a 50 day moving average of $52.55 and a two-hundred day moving average of $52.04.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.1803 dividend. The ex-dividend date was Tuesday, September 3rd.

VanEck High Yield Muni ETF 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.