Investment Partners LTD. Increases Position in VanEck High Yield Muni ETF (BATS:HYD)

Investment Partners LTD. boosted its position in VanEck High Yield Muni ETF (BATS:HYD) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,013 shares of the company’s stock after purchasing an additional 607 shares during the period. Investment Partners LTD.’s holdings in VanEck High Yield Muni ETF were worth $827,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Sei Investments Co. lifted its stake in VanEck High Yield Muni ETF by 1.1% in the third quarter. Sei Investments Co. now owns 3,408,440 shares of the company’s stock valued at $167,253,000 after purchasing an additional 38,405 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in VanEck High Yield Muni ETF by 1.9% in the third quarter. Envestnet Asset Management Inc. now owns 1,346,964 shares of the company’s stock valued at $66,096,000 after purchasing an additional 25,382 shares during the last quarter. Grimes & Company Inc. purchased a new position in VanEck High Yield Muni ETF in the fourth quarter valued at approximately $56,648,000. Assetmark Inc. lifted its position in shares of VanEck High Yield Muni ETF by 74.1% during the third quarter. Assetmark Inc. now owns 841,015 shares of the company’s stock worth $41,269,000 after acquiring an additional 357,974 shares in the last quarter. Finally, TIAA Trust National Association purchased a new stake in shares of VanEck High Yield Muni ETF during the third quarter worth $37,850,000.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS:HYD remained flat at $51.15 during trading on Friday. The company’s stock had a trading volume of 952,638 shares. The firm has a 50-day moving average of $51.76 and a 200-day moving average of $50.80.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.1942 per share. The ex-dividend date was Monday, April 1st.

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.