VanEck High Yield Muni ETF (BATS:HYD) Shares Bought by Paradigm Financial Partners LLC

Paradigm Financial Partners LLC grew its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 35.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 59,161 shares of the company’s stock after purchasing an additional 15,511 shares during the period. Paradigm Financial Partners LLC’s holdings in VanEck High Yield Muni ETF were worth $3,054,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. lifted its position in VanEck High Yield Muni ETF by 44.2% in the fourth quarter. Blue Trust Inc. now owns 793 shares of the company’s stock worth $39,000 after purchasing an additional 243 shares during the period. Perigon Wealth Management LLC lifted its holdings in shares of VanEck High Yield Muni ETF by 2.1% in the third quarter. Perigon Wealth Management LLC now owns 11,729 shares of the company’s stock valued at $576,000 after buying an additional 245 shares during the period. AE Wealth Management LLC boosted its stake in VanEck High Yield Muni ETF by 2.1% during the third quarter. AE Wealth Management LLC now owns 12,896 shares of the company’s stock valued at $633,000 after buying an additional 260 shares in the last quarter. Carmichael Hill & Associates Inc. grew its holdings in VanEck High Yield Muni ETF by 3.3% during the fourth quarter. Carmichael Hill & Associates Inc. now owns 8,175 shares of the company’s stock worth $422,000 after acquiring an additional 261 shares during the period. Finally, Foster & Motley Inc. raised its position in VanEck High Yield Muni ETF by 1.5% in the third quarter. Foster & Motley Inc. now owns 19,181 shares of the company’s stock worth $941,000 after acquiring an additional 290 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

BATS HYD remained flat at $51.15 on Friday. 952,638 shares of the company’s stock were exchanged. The business’s 50 day simple moving average is $51.76 and its two-hundred day simple moving average is $50.82.

VanEck High Yield Muni ETF Cuts Dividend

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

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.