VanEck High Yield Muni ETF (BATS:HYD) Shares Sold by Raymond James & Associates

Raymond James & Associates lessened its stake in VanEck High Yield Muni ETF (BATS:HYD) by 9.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,489 shares of the company’s stock after selling 4,527 shares during the quarter. Raymond James & Associates owned about 0.07% of VanEck High Yield Muni ETF worth $2,195,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. First United Bank & Trust increased its holdings in shares of VanEck High Yield Muni ETF by 1.0% in the fourth quarter. First United Bank & Trust now owns 23,574 shares of the company’s stock valued at $1,217,000 after purchasing an additional 229 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of VanEck High Yield Muni ETF by 3.3% in the first quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock valued at $450,000 after purchasing an additional 276 shares during the last quarter. AlphaStar Capital Management LLC increased its holdings in shares of VanEck High Yield Muni ETF by 2.3% in the fourth quarter. AlphaStar Capital Management LLC now owns 14,233 shares of the company’s stock valued at $735,000 after purchasing an additional 315 shares during the last quarter. Perigon Wealth Management LLC increased its holdings in shares of VanEck High Yield Muni ETF by 2.4% in the first quarter. Perigon Wealth Management LLC now owns 13,462 shares of the company’s stock valued at $704,000 after purchasing an additional 319 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in VanEck High Yield Muni ETF by 170.4% during the fourth quarter. Parallel Advisors LLC now owns 511 shares of the company’s stock worth $26,000 after acquiring an additional 322 shares during the last quarter.

VanEck High Yield Muni ETF Stock Up 0.0 %

HYD stock opened at $52.35 on Tuesday. The stock’s 50-day simple moving average is $52.19 and its two-hundred day simple moving average is $51.88.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.1803 per share. The ex-dividend date is Tuesday, September 3rd.

VanEck High Yield Muni ETF 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.