Certior Financial Group LLC Invests $876,000 in VanEck High Yield Muni ETF (BATS:HYD)

Certior Financial Group LLC acquired a new stake in VanEck High Yield Muni ETF (BATS:HYD) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,876 shares of the company’s stock, valued at approximately $876,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealthfront Advisers LLC grew its position in shares of VanEck High Yield Muni ETF by 179,713.4% during the 4th quarter. Wealthfront Advisers LLC now owns 39,219,100 shares of the company’s stock worth $2,035,863,000 after buying an additional 39,197,289 shares during the period. FMR LLC grew its holdings in VanEck High Yield Muni ETF by 132.1% during the fourth quarter. FMR LLC now owns 1,782,883 shares of the company’s stock valued at $92,549,000 after purchasing an additional 1,014,701 shares during the period. Ocean Park Asset Management LLC grew its holdings in VanEck High Yield Muni ETF by 98.0% during the fourth quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock valued at $33,690,000 after purchasing an additional 321,160 shares during the period. Wells Fargo & Company MN increased its stake in VanEck High Yield Muni ETF by 42.6% in the fourth quarter. Wells Fargo & Company MN now owns 887,504 shares of the company’s stock valued at $46,070,000 after purchasing an additional 265,075 shares in the last quarter. Finally, Sage Mountain Advisors LLC raised its holdings in VanEck High Yield Muni ETF by 1,388.9% in the fourth quarter. Sage Mountain Advisors LLC now owns 267,056 shares of the company’s stock worth $13,863,000 after purchasing an additional 249,120 shares during the period.

VanEck High Yield Muni ETF Price Performance

Shares of HYD stock opened at $51.32 on Monday. VanEck High Yield Muni ETF has a 12-month low of $50.75 and a 12-month high of $53.10. The firm has a fifty day moving average of $51.78 and a 200-day moving average of $52.08.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.