VanEck High Yield Muni ETF $HYD Shares Sold by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC trimmed its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 14.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 67,382 shares of the company’s stock after selling 11,640 shares during the period. Insight Wealth Strategies LLC owned approximately 0.10% of VanEck High Yield Muni ETF worth $3,445,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of HYD. US Bancorp DE lifted its holdings in VanEck High Yield Muni ETF by 101.1% in the third quarter. US Bancorp DE now owns 539 shares of the company’s stock worth $27,000 after purchasing an additional 271 shares during the period. Turning Point Benefit Group Inc. bought a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter worth about $30,000. CoreCap Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF by 753.2% in the 3rd quarter. CoreCap Advisors LLC now owns 657 shares of the company’s stock worth $33,000 after acquiring an additional 580 shares during the period. Mather Group LLC. acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter worth approximately $35,000. Finally, Northwest Capital Management Inc bought a new position in shares of VanEck High Yield Muni ETF in the third quarter valued at approximately $38,000.

VanEck High Yield Muni ETF Trading Down 0.3%

VanEck High Yield Muni ETF stock opened at $50.67 on Thursday. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month high of $51.99. The firm has a 50 day simple moving average of $51.13 and a 200-day simple moving average of $50.97.

VanEck High Yield Muni ETF Cuts Dividend

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