VanEck High Yield Muni ETF (BATS:HYD) Shares Acquired by FLC Capital Advisors

FLC Capital Advisors lifted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 7.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,009 shares of the company’s stock after purchasing an additional 533 shares during the quarter. FLC Capital Advisors’ holdings in VanEck High Yield Muni ETF were worth $425,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Yeomans Consulting Group Inc. grew its stake in shares of VanEck High Yield Muni ETF by 1.1% during the 2nd quarter. Yeomans Consulting Group Inc. now owns 22,366 shares of the company’s stock worth $1,155,000 after purchasing an additional 237 shares during the period. Xcel Wealth Management LLC grew its stake in VanEck High Yield Muni ETF by 4.2% in the 2nd quarter. Xcel Wealth Management LLC now owns 6,250 shares of the company’s stock valued at $323,000 after acquiring an additional 250 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in VanEck High Yield Muni ETF by 1.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,495 shares of the company’s stock valued at $1,235,000 after acquiring an additional 251 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in VanEck High Yield Muni ETF by 3.3% in the 1st quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock valued at $450,000 after acquiring an additional 276 shares during the last quarter. Finally, Argonautica Private Wealth Management Inc. grew its stake in VanEck High Yield Muni ETF by 3.4% in the 2nd quarter. Argonautica Private Wealth Management Inc. now owns 8,667 shares of the company’s stock valued at $448,000 after acquiring an additional 283 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS HYD opened at $52.75 on Thursday. The company has a 50 day simple moving average of $52.58 and a 200-day simple moving average of $52.06.

VanEck High Yield Muni ETF Cuts Dividend

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

VanEck High Yield Muni ETF 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.