Exencial Wealth Advisors LLC Purchases 452 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Exencial Wealth Advisors LLC grew its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 2.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 22,591 shares of the company’s stock after buying an additional 452 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $1,173,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of HYD. Ocean Park Asset Management LLC lifted its position in shares of VanEck High Yield Muni ETF by 98.0% during the 4th quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock worth $33,690,000 after buying an additional 321,160 shares in the last quarter. Stifel Financial Corp lifted its position in shares of VanEck High Yield Muni ETF by 108.9% during the 3rd quarter. Stifel Financial Corp now owns 169,159 shares of the company’s stock worth $8,977,000 after buying an additional 88,184 shares in the last quarter. Confluence Investment Management LLC bought a new position in shares of VanEck High Yield Muni ETF during the 3rd quarter worth approximately $3,505,000. Brady Martz Wealth Solutions LLC bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter worth approximately $3,329,000. Finally, Kestra Investment Management LLC increased its stake in shares of VanEck High Yield Muni ETF by 61.5% during the 3rd quarter. Kestra Investment Management LLC now owns 163,570 shares of the company’s stock worth $8,681,000 after purchasing an additional 62,278 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD stock opened at $51.91 on Thursday. The company has a 50 day moving average of $51.88 and a 200-day moving average of $52.24. VanEck High Yield Muni ETF has a 12-month low of $50.78 and a 12-month high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.1588 per share. The ex-dividend date of this dividend is Monday, March 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.