Mather Group LLC. Decreases Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

Mather Group LLC. trimmed its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 13.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,899 shares of the company’s stock after selling 8,622 shares during the period. Mather Group LLC. owned approximately 0.10% of VanEck High Yield Muni ETF worth $2,914,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FC Advisory LLC increased its position in shares of VanEck High Yield Muni ETF by 3.3% during the third quarter. FC Advisory LLC now owns 16,451 shares of the company’s stock worth $873,000 after acquiring an additional 523 shares during the last quarter. WealthBridge Capital Management LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 81.8% in the 3rd quarter. WealthBridge Capital Management LLC now owns 13,620 shares of the company’s stock valued at $723,000 after buying an additional 6,130 shares during the period. SG Americas Securities LLC bought a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter valued at about $5,634,000. Sanctuary Advisors LLC acquired a new stake in VanEck High Yield Muni ETF during the second quarter worth about $2,224,000. Finally, Kestra Investment Management LLC bought a new position in VanEck High Yield Muni ETF in the second quarter worth about $5,232,000.

VanEck High Yield Muni ETF Price Performance

Shares of HYD stock opened at $52.65 on Wednesday. The company has a 50 day moving average of $52.55 and a 200 day moving average of $52.04.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently announced 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 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.