Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $6.29 Million Stock Position in VanEck High Yield Muni ETF $HYD

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lessened its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 10.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 123,627 shares of the company’s stock after selling 13,806 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned 0.19% of VanEck High Yield Muni ETF worth $6,293,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of HYD. Revolve Wealth Partners LLC grew its position in shares of VanEck High Yield Muni ETF by 6.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 191,107 shares of the company’s stock worth $9,920,000 after purchasing an additional 10,798 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of VanEck High Yield Muni ETF by 17.5% in the second quarter. D.A. Davidson & CO. now owns 13,952 shares of the company’s stock valued at $701,000 after buying an additional 2,082 shares during the period. Wealthfront Advisers LLC grew its position in VanEck High Yield Muni ETF by 1.4% during the second quarter. Wealthfront Advisers LLC now owns 21,587 shares of the company’s stock worth $1,084,000 after buying an additional 301 shares in the last quarter. Envestnet Asset Management Inc. grew its position in VanEck High Yield Muni ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 617,071 shares of the company’s stock worth $30,983,000 after buying an additional 48,879 shares in the last quarter. Finally, GoalVest Advisory LLC bought a new position in VanEck High Yield Muni ETF during the 2nd quarter worth $95,000.

VanEck High Yield Muni ETF Stock Down 0.3%

Shares of BATS HYD opened at $51.29 on Friday. The business has a fifty day moving average price of $51.18 and a two-hundred day moving average price of $50.75. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week high of $52.53.

VanEck High Yield Muni ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.1859 per share. This is a positive change from VanEck High Yield Muni ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.