VanEck High Yield Muni ETF (BATS:HYD) Shares Bought by Good Life Advisors LLC

Good Life Advisors LLC raised its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 124.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,784 shares of the company’s stock after purchasing an additional 14,859 shares during the quarter. Good Life Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $1,421,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in HYD. Sei Investments Co. grew its holdings in shares of VanEck High Yield Muni ETF by 7.7% during the second quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock valued at $196,067,000 after buying an additional 270,773 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in VanEck High Yield Muni ETF by 5.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock valued at $78,981,000 after purchasing an additional 82,090 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of VanEck High Yield Muni ETF by 19.2% in the second quarter. Envestnet Asset Management Inc. now owns 873,023 shares of the company’s stock valued at $45,092,000 after purchasing an additional 140,807 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of VanEck High Yield Muni ETF by 1.4% in the second quarter. Commonwealth Equity Services LLC now owns 818,814 shares of the company’s stock worth $42,292,000 after purchasing an additional 11,151 shares during the last quarter. Finally, TIAA Trust National Association lifted its holdings in shares of VanEck High Yield Muni ETF by 1.7% during the first quarter. TIAA Trust National Association now owns 684,389 shares of the company’s stock worth $35,766,000 after purchasing an additional 11,530 shares during the period.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS HYD opened at $52.70 on Friday. The firm has a 50 day moving average price of $52.60 and a 200 day moving average price of $52.07.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently disclosed 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 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.