Condor Capital Management Acquires Shares of 111,860 VanEck High Yield Muni ETF (BATS:HYD)

Condor Capital Management bought a new stake in VanEck High Yield Muni ETF (BATS:HYD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 111,860 shares of the company’s stock, valued at approximately $5,807,000. Condor Capital Management owned 0.20% of VanEck High Yield Muni ETF at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC grew its holdings in 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 valued at $2,035,863,000 after purchasing an additional 39,197,289 shares during the last quarter. Grimes & Company Inc. lifted its position in VanEck High Yield Muni ETF by 4.4% during the fourth quarter. Grimes & Company Inc. now owns 1,189,221 shares of the company’s stock worth $61,732,000 after buying an additional 50,578 shares during the period. Assetmark Inc. lifted its position in VanEck High Yield Muni ETF by 5.4% during the fourth quarter. Assetmark Inc. now owns 1,109,860 shares of the company’s stock worth $57,613,000 after buying an additional 56,434 shares during the period. Commonwealth Equity Services LLC increased its stake in VanEck High Yield Muni ETF by 5.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 950,514 shares of the company’s stock worth $49,341,000 after acquiring an additional 45,174 shares during the last quarter. Finally, Ocean Park Asset Management LLC increased its stake in VanEck High Yield Muni ETF by 98.0% during the fourth quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock worth $33,690,000 after acquiring an additional 321,160 shares during the last quarter.

VanEck High Yield Muni ETF Trading Up 0.8 %

HYD stock opened at $51.76 on Thursday. VanEck High Yield Muni ETF has a 1 year low of $50.78 and a 1 year high of $53.10. The stock has a 50-day simple moving average of $51.86 and a 200-day simple moving average of $52.19.

VanEck High Yield Muni ETF Cuts Dividend

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