VanEck High Yield Muni ETF (BATS:HYD) Shares Acquired by Williams & Novak LLC

Williams & Novak LLC grew its stake in VanEck High Yield Muni ETF (BATS:HYD) by 18.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,629 shares of the company’s stock after purchasing an additional 4,204 shares during the quarter. VanEck High Yield Muni ETF makes up 1.3% of Williams & Novak LLC’s holdings, making the stock its 23rd biggest position. Williams & Novak LLC’s holdings in VanEck High Yield Muni ETF were worth $1,413,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Sei Investments Co. boosted its position in VanEck High Yield Muni ETF by 7.7% during the second quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock worth $196,067,000 after acquiring an additional 270,773 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in VanEck High Yield Muni ETF by 5.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock worth $78,981,000 after acquiring an additional 82,090 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in VanEck High Yield Muni ETF by 19.2% during the second quarter. Envestnet Asset Management Inc. now owns 873,023 shares of the company’s stock worth $45,092,000 after acquiring an additional 140,807 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in VanEck High Yield Muni ETF by 1.4% during the second quarter. Commonwealth Equity Services LLC now owns 818,814 shares of the company’s stock worth $42,292,000 after acquiring an additional 11,151 shares during the last quarter. Finally, TIAA Trust National Association boosted its position in VanEck High Yield Muni ETF by 1.7% during the first quarter. TIAA Trust National Association now owns 684,389 shares of the company’s stock worth $35,766,000 after acquiring an additional 11,530 shares during the last quarter.

VanEck High Yield Muni ETF Trading Down 0.5 %

HYD opened at $52.53 on Tuesday. The stock’s fifty day simple moving average is $52.55 and its 200-day simple moving average is $52.04.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently announced 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.

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.