Riversedge Advisors LLC Grows Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

Riversedge Advisors LLC raised its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,667 shares of the company’s stock after purchasing an additional 2,178 shares during the quarter. VanEck High Yield Muni ETF accounts for approximately 0.8% of Riversedge Advisors LLC’s investment portfolio, making the stock its 26th largest holding. Riversedge Advisors LLC owned approximately 0.11% of VanEck High Yield Muni ETF worth $3,326,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of VanEck High Yield Muni ETF during the second quarter valued at $30,000. Register Financial Advisors LLC acquired a new position in VanEck High Yield Muni ETF in the 1st quarter valued at about $36,000. Aspire Private Capital LLC grew its position in VanEck High Yield Muni ETF by 74.2% in the second quarter. Aspire Private Capital LLC now owns 1,338 shares of the company’s stock worth $69,000 after acquiring an additional 570 shares during the period. Lynx Investment Advisory purchased a new position in shares of VanEck High Yield Muni ETF during the 2nd quarter worth $70,000. Finally, Larson Financial Group LLC increased its position in shares of VanEck High Yield Muni ETF by 13,241.7% during the second quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock valued at $83,000 after acquiring an additional 1,589 shares during the last quarter.

VanEck High Yield Muni ETF Stock Up 0.1 %

BATS HYD traded up $0.03 on Thursday, reaching $52.75. The stock had a trading volume of 486,856 shares. The company’s 50-day moving average price is $52.58 and its two-hundred day moving average price is $52.06.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1803 per share. The ex-dividend date was Tuesday, September 3rd.

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.