VanEck High Yield Muni ETF (BATS:HYD) Shares Sold by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. lessened its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 29.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,384 shares of the company’s stock after selling 4,295 shares during the period. Cahill Financial Advisors Inc.’s holdings in VanEck High Yield Muni ETF were worth $551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

VanEck High Yield Muni ETF Stock Up 0.1 %

BATS:HYD opened at $52.39 on Monday. The company’s fifty day moving average price is $52.47 and its 200 day moving average price is $52.21.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.1803 dividend. The ex-dividend date was Tuesday, September 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.