EverSource Wealth Advisors LLC Sells 210 Shares of VanEck High Yield Muni ETF (BATS:HYD)

EverSource Wealth Advisors LLC decreased its position in VanEck High Yield Muni ETF (BATS:HYD) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,274 shares of the company’s stock after selling 210 shares during the period. EverSource Wealth Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $634,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYD. Blue Trust Inc. grew its position in shares of VanEck High Yield Muni ETF by 44.2% during the 4th quarter. Blue Trust Inc. now owns 793 shares of the company’s stock worth $39,000 after buying an additional 243 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in shares of VanEck High Yield Muni ETF during the fourth quarter worth $57,000. Clearstead Advisors LLC bought a new stake in VanEck High Yield Muni ETF in the third quarter valued at about $108,000. Global Retirement Partners LLC grew its position in shares of VanEck High Yield Muni ETF by 549.7% during the 4th quarter. Global Retirement Partners LLC now owns 2,495 shares of the company’s stock worth $128,000 after buying an additional 2,111 shares during the period. Finally, Davidson Investment Advisors bought a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at about $128,000.

VanEck High Yield Muni ETF Trading Down 0.3 %

VanEck High Yield Muni ETF stock traded down $0.15 during mid-day trading on Thursday, hitting $51.49. 477,836 shares of the company’s stock were exchanged. The company has a fifty day moving average price of $51.66 and a 200 day moving average price of $51.25.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.1942 per share. The ex-dividend date of this dividend was Monday, April 1st.

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.