1900 Wealth Management LLC Buys 9,368 Shares of VanEck High Yield Muni ETF (BATS:HYD)

1900 Wealth Management LLC lifted its position in VanEck High Yield Muni ETF (BATS:HYD) by 39.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 32,843 shares of the company’s stock after purchasing an additional 9,368 shares during the quarter. 1900 Wealth Management LLC’s holdings in VanEck High Yield Muni ETF were worth $1,716,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HYD. Concurrent Investment Advisors LLC grew its holdings in shares of VanEck High Yield Muni ETF by 3.3% during the first quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock worth $450,000 after purchasing an additional 276 shares during the last quarter. Concourse Financial Group Securities Inc. grew its holdings in VanEck High Yield Muni ETF by 31.7% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 16,638 shares of the company’s stock worth $859,000 after acquiring an additional 4,007 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its position in VanEck High Yield Muni ETF by 32.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 23,878 shares of the company’s stock valued at $1,233,000 after acquiring an additional 5,839 shares in the last quarter. Victory Capital Management Inc. bought a new position in shares of VanEck High Yield Muni ETF in the second quarter worth about $2,066,000. Finally, International Assets Investment Management LLC raised its stake in shares of VanEck High Yield Muni ETF by 7.4% in the second quarter. International Assets Investment Management LLC now owns 4,767 shares of the company’s stock worth $246,000 after acquiring an additional 329 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of HYD traded up $0.54 during mid-day trading on Friday, hitting $52.22. 454,667 shares of the company traded hands. The business has a 50 day simple moving average of $52.53 and a 200-day simple moving average of $52.14.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.1803 dividend. The ex-dividend date of this dividend was Tuesday, September 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.