C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases New Shares in VanEck High Yield Muni ETF (BATS:HYD)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of VanEck High Yield Muni ETF (BATS:HYD) during the 4th quarter, Holdings Channel reports. The fund purchased 4,987 shares of the company’s stock, valued at approximately $259,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Spire Wealth Management raised its holdings in VanEck High Yield Muni ETF by 69.6% during the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock valued at $25,000 after buying an additional 195 shares during the period. Moser Wealth Advisors LLC bought a new position in VanEck High Yield Muni ETF in the 3rd quarter valued at $53,000. Farther Finance Advisors LLC grew its position in VanEck High Yield Muni ETF by 1,541.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock valued at $85,000 after acquiring an additional 1,511 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in VanEck High Yield Muni ETF in the 4th quarter valued at $170,000. Finally, EP Wealth Advisors LLC bought a new position in VanEck High Yield Muni ETF in the 3rd quarter valued at $198,000.

VanEck High Yield Muni ETF Stock Performance

Shares of VanEck High Yield Muni ETF stock opened at $51.89 on Friday. The firm has a 50 day simple moving average of $51.81 and a two-hundred day simple moving average of $52.24.

VanEck High Yield Muni ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2067 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.18.

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.