Hennion & Walsh Asset Management Inc. Grows Stock Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Hennion & Walsh Asset Management Inc. raised its holdings in shares of VanEck High Yield Muni ETF (BATS:HYDFree Report) by 221.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,039 shares of the company’s stock after purchasing an additional 12,430 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in VanEck High Yield Muni ETF were worth $943,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Register Financial Advisors LLC purchased a new position in VanEck High Yield Muni ETF during the first quarter worth $36,000. Chesley Taft & Associates LLC lifted its stake in VanEck High Yield Muni ETF by 15.1% in the first quarter. Chesley Taft & Associates LLC now owns 13,125 shares of the company’s stock worth $686,000 after purchasing an additional 1,725 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of VanEck High Yield Muni ETF by 21.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 35,778 shares of the company’s stock valued at $1,870,000 after buying an additional 6,433 shares during the period. Wealthcare Capital Management LLC lifted its stake in shares of VanEck High Yield Muni ETF by 7.5% during the 1st quarter. Wealthcare Capital Management LLC now owns 6,173 shares of the company’s stock worth $323,000 after acquiring an additional 430 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its stake in VanEck High Yield Muni ETF by 27.1% in the first quarter. Wealthcare Advisory Partners LLC now owns 59,468 shares of the company’s stock worth $3,108,000 after purchasing an additional 12,692 shares during the period.

VanEck High Yield Muni ETF Trading Down 0.4 %

HYD stock opened at $51.46 on Tuesday. The business has a 50 day moving average of $51.66 and a 200-day moving average of $51.62.

VanEck High Yield Muni ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.1882 per share. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.19. The ex-dividend date of this dividend is Monday, July 1st.

VanEck High Yield Muni ETF Company Profile

(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.

Further Reading

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

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