Sei Investments Co. Has $196.07 Million Stake in VanEck High Yield Muni ETF (BATS:HYD)

Sei Investments Co. raised its stake in VanEck High Yield Muni ETF (BATS:HYD) by 7.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,796,110 shares of the company’s stock after purchasing an additional 270,773 shares during the quarter. Sei Investments Co. owned approximately 6.68% of VanEck High Yield Muni ETF worth $196,067,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Yeomans Consulting Group Inc. increased its stake in shares of VanEck High Yield Muni ETF by 1.1% during the second 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 shares of VanEck High Yield Muni ETF by 4.2% during the second quarter. Xcel Wealth Management LLC now owns 6,250 shares of the company’s stock worth $323,000 after buying an additional 250 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in VanEck High Yield Muni ETF by 3.3% during the 1st quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock worth $450,000 after acquiring an additional 276 shares during the last quarter. Argonautica Private Wealth Management Inc. increased its stake in shares of VanEck High Yield Muni ETF by 3.4% in the second quarter. Argonautica Private Wealth Management Inc. now owns 8,667 shares of the company’s stock valued at $448,000 after buying an additional 283 shares during the period. Finally, Perigon Wealth Management LLC increased its position in VanEck High Yield Muni ETF by 2.4% in the 1st quarter. Perigon Wealth Management LLC now owns 13,462 shares of the company’s stock valued at $704,000 after acquiring an additional 319 shares during the period.

VanEck High Yield Muni ETF Stock Up 0.1 %

Shares of HYD opened at $52.81 on Friday. The business’s 50-day moving average is $52.40 and its 200-day moving average is $51.97.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given 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.