Townsquare Capital LLC Buys 14,255 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Townsquare Capital LLC increased its stake in VanEck High Yield Muni ETF (BATS:HYD) by 8.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 182,470 shares of the company’s stock after purchasing an additional 14,255 shares during the quarter. Townsquare Capital LLC owned approximately 0.32% of VanEck High Yield Muni ETF worth $9,684,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Concourse Financial Group Securities Inc. raised its holdings in VanEck High Yield Muni ETF by 31.7% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 16,638 shares of the company’s stock valued at $859,000 after acquiring an additional 4,007 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in VanEck High Yield Muni ETF by 32.4% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 23,878 shares of the company’s stock valued at $1,233,000 after acquiring an additional 5,839 shares during the period. Victory Capital Management Inc. bought a new stake in VanEck High Yield Muni ETF during the 2nd quarter valued at $2,066,000. International Assets Investment Management LLC raised its holdings in VanEck High Yield Muni ETF by 7.4% during the 2nd quarter. International Assets Investment Management LLC now owns 4,767 shares of the company’s stock valued at $246,000 after acquiring an additional 329 shares during the period. Finally, Private Advisor Group LLC raised its holdings in VanEck High Yield Muni ETF by 52.9% during the 2nd quarter. Private Advisor Group LLC now owns 19,437 shares of the company’s stock valued at $1,004,000 after acquiring an additional 6,726 shares during the period.

VanEck High Yield Muni ETF Trading Up 0.3 %

Shares of HYD stock opened at $52.73 on Thursday. The firm’s 50-day simple moving average is $52.46 and its two-hundred day simple moving average is $52.23.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.1803 dividend. The ex-dividend date of this dividend was Tuesday, September 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.