Revolve Wealth Partners LLC Raises Stock Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Revolve Wealth Partners LLC raised its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 1.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 180,309 shares of the company’s stock after purchasing an additional 3,303 shares during the period. VanEck High Yield Muni ETF accounts for 1.5% of Revolve Wealth Partners LLC’s portfolio, making the stock its 21st largest position. Revolve Wealth Partners LLC owned approximately 0.32% of VanEck High Yield Muni ETF worth $9,569,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Yeomans Consulting Group Inc. raised its position in 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 buying an additional 237 shares during the last quarter. Xcel Wealth Management LLC increased its stake in shares of VanEck High Yield Muni ETF by 4.2% in the second 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 raised its holdings in VanEck High Yield Muni ETF by 1.1% during the second quarter. EverSource Wealth Advisors LLC now owns 23,495 shares of the company’s stock valued at $1,235,000 after acquiring an additional 251 shares during the period. Concurrent Investment Advisors LLC raised its stake in VanEck High Yield Muni ETF by 3.3% during the 1st quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock valued at $450,000 after purchasing an additional 276 shares during the period. Finally, Argonautica Private Wealth Management Inc. raised its position in shares of VanEck High Yield Muni ETF by 3.4% during the second quarter. Argonautica Private Wealth Management Inc. now owns 8,667 shares of the company’s stock valued at $448,000 after buying an additional 283 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD stock opened at $52.72 on Friday. The business has a 50 day moving average of $52.61 and a two-hundred day moving average of $52.07.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1803 per share. 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.