Claro Advisors LLC Sells 3,269 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Posted by Paula Ricardo on Nov 20th, 2024

Claro Advisors LLC reduced its stake in VanEck High Yield Muni ETF (BATS:HYD – Free Report) by 43.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,171 shares of the company’s stock after selling 3,269 shares during the quarter. Claro Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $221,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HYD. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VanEck High Yield Muni ETF during the 2nd quarter valued at $30,000. Moser Wealth Advisors LLC bought a new stake in VanEck High Yield Muni ETF during the third quarter worth about $53,000. Aspire Private Capital LLC grew its stake in VanEck High Yield Muni ETF by 74.2% during the second quarter. Aspire Private Capital LLC now owns 1,338 shares of the company’s stock worth $69,000 after buying an additional 570 shares in the last quarter. Lynx Investment Advisory bought a new position in VanEck High Yield Muni ETF in the 2nd quarter valued at about $70,000. Finally, Larson Financial Group LLC raised its position in shares of VanEck High Yield Muni ETF by 13,241.7% in the 2nd quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock valued at $83,000 after buying an additional 1,589 shares in the last quarter.

VanEck High Yield Muni ETF Trading Up 0.1 %

BATS HYD opened at $52.37 on Wednesday. The stock’s 50-day moving average price is $52.50 and its 200 day moving average price is $52.19.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1803 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

VanEck High Yield Muni ETF Company Profile

(Free Report)

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.