VanEck High Yield Muni ETF (BATS:HYD) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 48.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,080 shares of the company’s stock after buying an additional 4,608 shares during the period. Thrivent Financial for Lutherans’ holdings in VanEck High Yield Muni ETF were worth $727,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in HYD. Parallel Advisors LLC boosted its position in shares of VanEck High Yield Muni ETF by 170.4% during the 4th quarter. Parallel Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after purchasing an additional 322 shares in the last quarter. First Financial Bankshares Inc bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter valued at about $275,000. Pitcairn Co. bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter valued at about $3,277,000. Financial Network Wealth Advisors LLC bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter valued at about $2,836,000. Finally, SageView Advisory Group LLC boosted its position in shares of VanEck High Yield Muni ETF by 1,839.9% during the 4th quarter. SageView Advisory Group LLC now owns 100,368 shares of the company’s stock valued at $5,181,000 after purchasing an additional 95,194 shares in the last quarter.

VanEck High Yield Muni ETF Stock Down 0.5 %

Shares of HYD opened at $52.53 on Tuesday. The stock has a 50 day moving average price of $52.55 and a 200-day moving average price of $52.04.

VanEck High Yield Muni ETF Cuts Dividend

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