Revolve Wealth Partners LLC Lowers Position in VanEck High Yield Muni ETF $HYD

Revolve Wealth Partners LLC trimmed its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 301,236 shares of the company’s stock after selling 19,368 shares during the period. VanEck High Yield Muni ETF comprises about 1.8% of Revolve Wealth Partners LLC’s portfolio, making the stock its 17th largest position. Revolve Wealth Partners LLC owned approximately 0.46% of VanEck High Yield Muni ETF worth $15,399,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Yeomans Consulting Group Inc. lifted its position in shares of VanEck High Yield Muni ETF by 0.9% in the 3rd quarter. Yeomans Consulting Group Inc. now owns 22,938 shares of the company’s stock worth $1,165,000 after purchasing an additional 200 shares during the period. Strategic Investment Advisors MI raised its stake in VanEck High Yield Muni ETF by 2.8% in the third quarter. Strategic Investment Advisors MI now owns 7,597 shares of the company’s stock worth $387,000 after buying an additional 207 shares in the last quarter. Nwam LLC raised its stake in VanEck High Yield Muni ETF by 0.9% in the third quarter. Nwam LLC now owns 25,656 shares of the company’s stock worth $1,314,000 after buying an additional 218 shares in the last quarter. Willis Johnson & Associates Inc. lifted its holdings in VanEck High Yield Muni ETF by 2.0% during the third quarter. Willis Johnson & Associates Inc. now owns 12,810 shares of the company’s stock worth $652,000 after buying an additional 247 shares during the period. Finally, Balefire LLC boosted its position in VanEck High Yield Muni ETF by 3.9% during the 3rd quarter. Balefire LLC now owns 7,139 shares of the company’s stock valued at $363,000 after acquiring an additional 269 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS:HYD opened at $50.58 on Monday. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month high of $51.66. The business’s fifty day simple moving average is $50.86 and its 200-day simple moving average is $50.97.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1717 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.