Janney Montgomery Scott LLC Buys 24,071 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Janney Montgomery Scott LLC boosted its stake in VanEck High Yield Muni ETF (BATS:HYDFree Report) by 24.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 121,454 shares of the company’s stock after purchasing an additional 24,071 shares during the period. Janney Montgomery Scott LLC owned approximately 0.21% of VanEck High Yield Muni ETF worth $6,347,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Grimes & Company Inc. bought a new stake in VanEck High Yield Muni ETF in the 4th quarter worth approximately $56,648,000. Assetmark Inc. grew its position in shares of VanEck High Yield Muni ETF by 2.4% during the 4th quarter. Assetmark Inc. now owns 860,896 shares of the company’s stock valued at $44,448,000 after acquiring an additional 19,881 shares during the period. Commonwealth Equity Services LLC grew its position in shares of VanEck High Yield Muni ETF by 0.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 807,663 shares of the company’s stock valued at $42,208,000 after acquiring an additional 6,791 shares during the period. Counterpoint Mutual Funds LLC grew its position in shares of VanEck High Yield Muni ETF by 103.5% during the 1st quarter. Counterpoint Mutual Funds LLC now owns 657,359 shares of the company’s stock valued at $34,354,000 after acquiring an additional 334,308 shares during the period. Finally, Private Ocean LLC grew its position in shares of VanEck High Yield Muni ETF by 70.8% during the 4th quarter. Private Ocean LLC now owns 533,614 shares of the company’s stock valued at $27,551,000 after acquiring an additional 221,243 shares during the period.

VanEck High Yield Muni ETF Stock Up 0.0 %

Shares of HYD stock opened at $52.01 on Wednesday. The company’s 50-day simple moving average is $51.74 and its two-hundred day simple moving average is $51.63.

VanEck High Yield Muni ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given 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 was Monday, July 1st.

VanEck High Yield Muni ETF 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.

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

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