VanEck High Yield Muni ETF (BATS:HYD) Shares Purchased by Nwam LLC

Nwam LLC lifted its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 158.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,729 shares of the company’s stock after purchasing an additional 12,722 shares during the quarter. Nwam LLC’s holdings in VanEck High Yield Muni ETF were worth $1,076,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Grimes & Company Inc. boosted its holdings in VanEck High Yield Muni ETF by 4.4% in the fourth quarter. Grimes & Company Inc. now owns 1,189,221 shares of the company’s stock worth $61,732,000 after acquiring an additional 50,578 shares in the last quarter. Assetmark Inc. boosted its stake in VanEck High Yield Muni ETF by 4.9% in the 3rd quarter. Assetmark Inc. now owns 1,053,426 shares of the company’s stock worth $55,905,000 after purchasing an additional 49,277 shares in the last quarter. Ocean Park Asset Management LLC boosted its stake in VanEck High Yield Muni ETF by 98.0% in the 4th quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock worth $33,690,000 after purchasing an additional 321,160 shares in the last quarter. Forum Financial Management LP lifted its stake in shares of VanEck High Yield Muni ETF by 6.0% during the third quarter. Forum Financial Management LP now owns 643,392 shares of the company’s stock worth $34,145,000 after buying an additional 36,316 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of VanEck High Yield Muni ETF by 3.6% during the fourth quarter. Bank of New York Mellon Corp now owns 371,171 shares of the company’s stock worth $19,267,000 after buying an additional 12,816 shares during the period.

VanEck High Yield Muni ETF Price Performance

BATS:HYD opened at $52.38 on Friday. The business’s 50 day moving average is $51.81 and its two-hundred day moving average is $52.24.

VanEck High Yield Muni ETF Increases Dividend

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

About VanEck High Yield Muni ETF

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.