Wealthcare Capital Partners LLC Purchases New Stake in VanEck High Yield Muni ETF (BATS:HYD)

Wealthcare Capital Partners LLC purchased a new stake in shares of VanEck High Yield Muni ETF (BATS:HYD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,976 shares of the company’s stock, valued at approximately $414,000.

Several other large investors have also recently modified their holdings of HYD. Spire Wealth Management lifted its holdings in shares of VanEck High Yield Muni ETF by 69.6% in the fourth quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after buying an additional 195 shares in the last quarter. Moser Wealth Advisors LLC bought a new stake in VanEck High Yield Muni ETF in the 3rd quarter worth approximately $53,000. Farther Finance Advisors LLC lifted its stake in VanEck High Yield Muni ETF by 1,541.8% in the third quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock worth $85,000 after purchasing an additional 1,511 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of VanEck High Yield Muni ETF in the fourth quarter worth approximately $170,000. Finally, EP Wealth Advisors LLC purchased a new stake in shares of VanEck High Yield Muni ETF during the third quarter worth about $198,000.

VanEck High Yield Muni ETF Trading Up 1.3 %

BATS:HYD opened at $52.00 on Tuesday. The firm has a fifty day moving average of $51.94 and a two-hundred day moving average of $52.27.

VanEck High Yield Muni ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2067 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from VanEck High Yield Muni ETF’s previous dividend of $0.18.

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.