Victory Capital Management Inc. Sells 10,000 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Victory Capital Management Inc. trimmed its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 25.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,000 shares of the company’s stock after selling 10,000 shares during the period. Victory Capital Management Inc. owned about 0.05% of VanEck High Yield Muni ETF worth $1,592,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HYD. Concourse Financial Group Securities Inc. boosted its position in VanEck High Yield Muni ETF by 31.7% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 16,638 shares of the company’s stock worth $859,000 after acquiring an additional 4,007 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in VanEck High Yield Muni ETF by 32.4% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 23,878 shares of the company’s stock valued at $1,233,000 after purchasing an additional 5,839 shares in the last quarter. International Assets Investment Management LLC increased its stake in VanEck High Yield Muni ETF by 7.4% in the 2nd quarter. International Assets Investment Management LLC now owns 4,767 shares of the company’s stock valued at $246,000 after buying an additional 329 shares during the last quarter. Private Advisor Group LLC lifted its position in VanEck High Yield Muni ETF by 52.9% during the 2nd quarter. Private Advisor Group LLC now owns 19,437 shares of the company’s stock worth $1,004,000 after buying an additional 6,726 shares in the last quarter. Finally, Sei Investments Co. lifted its position in VanEck High Yield Muni ETF by 7.7% during the 2nd quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock worth $196,067,000 after buying an additional 270,773 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of BATS HYD opened at $52.59 on Tuesday. The firm has a fifty day moving average of $52.46 and a 200-day moving average of $52.22.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders 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 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.