Pinnacle Financial Partners Inc Reduces Stake in VanEck High Yield Muni ETF (BATS:HYD)

Pinnacle Financial Partners Inc reduced its position in VanEck High Yield Muni ETF (BATS:HYDFree Report) by 45.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,841 shares of the company’s stock after selling 5,610 shares during the period. Pinnacle Financial Partners Inc’s holdings in VanEck High Yield Muni ETF were worth $353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of HYD. Sei Investments Co. lifted its position in VanEck High Yield Muni ETF by 1.1% during 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 in the last quarter. Jane Street Group LLC lifted its position in VanEck High Yield Muni ETF by 25,136.4% during the fourth quarter. Jane Street Group LLC now owns 1,464,971 shares of the company’s stock valued at $74,054,000 after purchasing an additional 1,459,166 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in VanEck High Yield Muni ETF by 1.9% during 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 in the last quarter. Goldman Sachs Group Inc. lifted its position in VanEck High Yield Muni ETF by 33.2% during the second quarter. Goldman Sachs Group Inc. now owns 982,238 shares of the company’s stock valued at $50,428,000 after purchasing an additional 244,935 shares in the last quarter. Finally, Assetmark Inc. lifted its position in VanEck High Yield Muni ETF by 74.1% during the third quarter. Assetmark Inc. now owns 841,015 shares of the company’s stock valued at $41,269,000 after purchasing an additional 357,974 shares in the last quarter.

VanEck High Yield Muni ETF Trading Down 0.4 %

BATS HYD opened at $51.49 on Thursday. The firm’s fifty day moving average is $51.78 and its two-hundred day moving average is $50.54.

VanEck High Yield Muni ETF Cuts Dividend

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

About VanEck High Yield Muni ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck High Yield Muni ETF (BATS:HYD)

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