VanEck High Yield Muni ETF (BATS:HYD) Stock Holdings Lessened by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC trimmed its stake in VanEck High Yield Muni ETF (BATS:HYD) by 8.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,949 shares of the company’s stock after selling 2,203 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $1,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in HYD. Wealthfront Advisers LLC lifted its position in shares of VanEck High Yield Muni ETF by 179,713.4% in the fourth quarter. Wealthfront Advisers LLC now owns 39,219,100 shares of the company’s stock worth $2,035,863,000 after purchasing an additional 39,197,289 shares in the last quarter. Ocean Park Asset Management LLC lifted its position in shares of VanEck High Yield Muni ETF by 98.0% in the fourth quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock worth $33,690,000 after purchasing an additional 321,160 shares in the last quarter. Sage Mountain Advisors LLC lifted its position in shares of VanEck High Yield Muni ETF by 1,388.9% in the fourth quarter. Sage Mountain Advisors LLC now owns 267,056 shares of the company’s stock worth $13,863,000 after purchasing an additional 249,120 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of VanEck High Yield Muni ETF in the fourth quarter worth approximately $10,215,000. Finally, Stifel Financial Corp lifted its position in shares of VanEck High Yield Muni ETF by 108.9% in the third quarter. Stifel Financial Corp now owns 169,159 shares of the company’s stock worth $8,977,000 after purchasing an additional 88,184 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

BATS:HYD opened at $51.55 on Thursday. The stock’s 50 day moving average price is $51.88 and its 200 day moving average price is $52.21. VanEck High Yield Muni ETF has a 52 week low of $50.78 and a 52 week high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1588 dividend. The ex-dividend date was Monday, March 3rd.

VanEck High Yield Muni ETF Company 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.