Group One Trading LLC Reduces Stock Holdings in VanEck High Yield Muni ETF $HYD

Group One Trading LLC cut its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 29.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 33,031 shares of the company’s stock after selling 13,900 shares during the quarter. Group One Trading LLC owned about 0.05% of VanEck High Yield Muni ETF worth $1,681,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. US Bancorp DE boosted its stake in VanEck High Yield Muni ETF by 101.1% in the 3rd quarter. US Bancorp DE now owns 539 shares of the company’s stock worth $27,000 after purchasing an additional 271 shares in the last quarter. CoreCap Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF by 753.2% during the third quarter. CoreCap Advisors LLC now owns 657 shares of the company’s stock worth $33,000 after buying an additional 580 shares during the period. Mather Group LLC. purchased a new stake in shares of VanEck High Yield Muni ETF during the third quarter valued at $35,000. Northwest Capital Management Inc acquired a new position in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at $38,000. Finally, Centennial Bank AR purchased a new position in VanEck High Yield Muni ETF in the 3rd quarter worth $46,000.

VanEck High Yield Muni ETF Stock Down 0.2%

Shares of HYD opened at $50.86 on Monday. The stock has a 50-day moving average of $51.19 and a two-hundred day moving average of $50.90. VanEck High Yield Muni ETF has a one year low of $47.78 and a one year high of $52.00.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.1717 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

About VanEck High Yield Muni ETF

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.