VanEck High Yield Muni ETF (BATS:HYD) Shares Sold by Good Life Advisors LLC

Good Life Advisors LLC trimmed its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 58.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,251 shares of the company’s stock after selling 15,533 shares during the period. Good Life Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $584,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC acquired a new stake in shares of VanEck High Yield Muni ETF during the third quarter worth about $671,000. Private Advisor Group LLC increased its stake in VanEck High Yield Muni ETF by 7.1% during the 3rd quarter. Private Advisor Group LLC now owns 20,815 shares of the company’s stock worth $1,105,000 after buying an additional 1,378 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in VanEck High Yield Muni ETF by 2.3% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 24,439 shares of the company’s stock worth $1,297,000 after buying an additional 561 shares in the last quarter. Grimes & Company Inc. lifted its holdings in VanEck High Yield Muni ETF by 2.3% during the 3rd quarter. Grimes & Company Inc. now owns 1,138,643 shares of the company’s stock worth $60,428,000 after buying an additional 25,109 shares in the last quarter. Finally, PFG Investments LLC purchased a new position in VanEck High Yield Muni ETF in the 3rd quarter valued at approximately $274,000.

VanEck High Yield Muni ETF Stock Performance

VanEck High Yield Muni ETF stock opened at $51.89 on Friday. The stock’s fifty day moving average is $51.81 and its two-hundred day moving average is $52.24.

VanEck High Yield Muni ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2067 per share. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, February 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.