VanEck High Yield Muni ETF (BATS:HYD) Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in VanEck High Yield Muni ETF (BATS:HYD) by 132.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,775 shares of the company’s stock after buying an additional 14,696 shares during the quarter. Thrivent Financial for Lutherans’ holdings in VanEck High Yield Muni ETF were worth $1,342,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. D.A. Davidson & CO. increased its stake in VanEck High Yield Muni ETF by 4.1% during the third quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock worth $551,000 after purchasing an additional 408 shares during the period. Flow Traders U.S. LLC grew its holdings in shares of VanEck High Yield Muni ETF by 159.4% in the third quarter. Flow Traders U.S. LLC now owns 27,980 shares of the company’s stock valued at $1,485,000 after purchasing an additional 17,195 shares in the last quarter. Kestra Investment Management LLC increased its stake in VanEck High Yield Muni ETF by 61.5% during the 3rd quarter. Kestra Investment Management LLC now owns 163,570 shares of the company’s stock worth $8,681,000 after buying an additional 62,278 shares during the period. Benjamin Edwards Inc. acquired a new stake in VanEck High Yield Muni ETF during the 3rd quarter worth approximately $2,081,000. Finally, HighTower Advisors LLC boosted its position in VanEck High Yield Muni ETF by 4.6% in the 3rd quarter. HighTower Advisors LLC now owns 102,976 shares of the company’s stock valued at $5,469,000 after buying an additional 4,544 shares during the period.

VanEck High Yield Muni ETF Stock Performance

BATS:HYD opened at $51.06 on Monday. VanEck High Yield Muni ETF has a 52 week low of $50.75 and a 52 week high of $53.10. The company has a fifty day simple moving average of $51.83 and a two-hundred day simple moving average of $52.13.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1588 per share. The ex-dividend date was Monday, March 3rd.

VanEck High Yield Muni ETF Company 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.