Coastline Trust Co Invests $224,000 in VanEck High Yield Muni ETF (BATS:HYD)

Coastline Trust Co purchased a new stake in VanEck High Yield Muni ETF (BATS:HYD) in the 3rd quarter, HoldingsChannel reports. The firm purchased 4,213 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Verus Capital Partners LLC increased its holdings in shares of VanEck High Yield Muni ETF by 3.2% during the 3rd quarter. Verus Capital Partners LLC now owns 7,616 shares of the company’s stock valued at $404,000 after acquiring an additional 236 shares during the last quarter. Yeomans Consulting Group Inc. raised its position in shares of VanEck High Yield Muni ETF by 1.1% in the second quarter. Yeomans Consulting Group Inc. now owns 22,366 shares of the company’s stock valued at $1,155,000 after purchasing an additional 237 shares during the period. Xcel Wealth Management LLC lifted 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 buying an additional 250 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 1.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,495 shares of the company’s stock worth $1,235,000 after buying an additional 251 shares during the period. Finally, Argonautica Private Wealth Management Inc. grew its stake in 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 valued at $448,000 after buying an additional 283 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

VanEck High Yield Muni ETF stock opened at $52.31 on Friday. The stock’s fifty day moving average price is $52.50 and its two-hundred day moving average price is $52.17.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced 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.