Commonwealth Equity Services LLC Has $48.05 Million Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Commonwealth Equity Services LLC raised its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 10.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 905,340 shares of the company’s stock after acquiring an additional 86,526 shares during the period. Commonwealth Equity Services LLC owned approximately 1.59% of VanEck High Yield Muni ETF worth $48,046,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HYD. Park Avenue Securities LLC increased its position in VanEck High Yield Muni ETF by 35.6% during the 1st quarter. Park Avenue Securities LLC now owns 40,831 shares of the company’s stock worth $2,134,000 after buying an additional 10,710 shares during the period. Parkside Investments LLC acquired a new stake in VanEck High Yield Muni ETF in the 1st quarter worth about $1,962,000. Counterpoint Mutual Funds LLC boosted its holdings in VanEck High Yield Muni ETF by 103.5% in the 1st quarter. Counterpoint Mutual Funds LLC now owns 657,359 shares of the company’s stock valued at $34,354,000 after purchasing an additional 334,308 shares during the period. Revolve Wealth Partners LLC grew its position in shares of VanEck High Yield Muni ETF by 2.9% during the 1st quarter. Revolve Wealth Partners LLC now owns 170,211 shares of the company’s stock worth $8,895,000 after purchasing an additional 4,758 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its position in shares of VanEck High Yield Muni ETF by 27.1% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 59,468 shares of the company’s stock worth $3,108,000 after purchasing an additional 12,692 shares in the last quarter.

VanEck High Yield Muni ETF Stock Performance

VanEck High Yield Muni ETF stock opened at $52.72 on Monday. The business’s 50 day moving average is $52.61 and its two-hundred day moving average is $52.08.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1803 dividend. The ex-dividend date was Tuesday, September 3rd.

About VanEck High Yield Muni ETF

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.