VanEck High Yield Muni ETF (BATS:HYD) Stock Position Decreased by Osaic Holdings Inc.

Osaic Holdings Inc. lowered its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 48.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 172,753 shares of the company’s stock after selling 165,033 shares during the period. Osaic Holdings Inc.’s holdings in VanEck High Yield Muni ETF were worth $9,028,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Grimes & Company Inc. acquired a new position in shares of VanEck High Yield Muni ETF during the fourth quarter valued at $56,648,000. Forum Financial Management LP bought a new position in VanEck High Yield Muni ETF during the 4th quarter valued at $27,487,000. Sage Mountain Advisors LLC increased its position in shares of VanEck High Yield Muni ETF by 4,067.8% during the 4th quarter. Sage Mountain Advisors LLC now owns 387,853 shares of the company’s stock valued at $20,025,000 after purchasing an additional 378,547 shares during the period. Counterpoint Mutual Funds LLC increased its position in shares of VanEck High Yield Muni ETF by 103.5% during the 1st quarter. Counterpoint Mutual Funds LLC now owns 657,359 shares of the company’s stock valued at $34,354,000 after purchasing an additional 334,308 shares during the period. Finally, Sei Investments Co. raised its stake in shares of VanEck High Yield Muni ETF by 10.0% in the 1st quarter. Sei Investments Co. now owns 3,525,337 shares of the company’s stock worth $184,233,000 after buying an additional 320,915 shares in the last quarter.

VanEck High Yield Muni ETF Stock Down 0.2 %

HYD stock traded down $0.08 during trading hours on Wednesday, hitting $52.08. 503,238 shares of the stock traded hands. The firm has a 50 day moving average of $51.86 and a 200-day moving average of $51.69.

VanEck High Yield Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a $0.1882 dividend. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, July 1st.

VanEck High Yield Muni ETF 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.