Private Advisor Group LLC Invests $363,000 in VanEck High Yield Muni ETF (BATS:HYD)

Private Advisor Group LLC bought a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,023 shares of the company’s stock, valued at approximately $363,000.

Other institutional investors also recently modified their holdings of the company. Ameritas Advisory Services LLC raised its position in shares of VanEck High Yield Muni ETF by 14.6% during the first quarter. Ameritas Advisory Services LLC now owns 24,295 shares of the company’s stock worth $1,257,000 after purchasing an additional 3,094 shares during the period. Counterpoint Mutual Funds LLC raised its position in VanEck High Yield Muni ETF by 63.9% in the 1st quarter. Counterpoint Mutual Funds LLC now owns 576,237 shares of the company’s stock valued at $29,815,000 after buying an additional 224,721 shares during the last quarter. Zions Bancorporation N.A. raised its position in VanEck High Yield Muni ETF by 733.6% in the 4th quarter. Zions Bancorporation N.A. now owns 856,972 shares of the company’s stock valued at $43,320,000 after buying an additional 754,171 shares during the last quarter. AE Wealth Management LLC purchased a new stake in VanEck High Yield Muni ETF in the 1st quarter valued at $697,000. Finally, HighTower Advisors LLC raised its position in VanEck High Yield Muni ETF by 114.9% in the 4th quarter. HighTower Advisors LLC now owns 133,566 shares of the company’s stock valued at $6,752,000 after buying an additional 71,405 shares during the last quarter.

VanEck High Yield Muni ETF Stock Down 0.3 %

BATS HYD opened at $50.47 on Monday. The company has a 50 day moving average of $51.00 and a two-hundred day moving average of $51.11.

VanEck High Yield Muni ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, July 7th. Investors of record on Wednesday, July 5th were given a $0.1746 dividend. The ex-dividend date was Monday, July 3rd.

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.