VanEck High Yield Muni ETF (BATS:HYD) Shares Bought by DAVENPORT & Co LLC

DAVENPORT & Co LLC grew its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 26.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,140 shares of the company’s stock after acquiring an additional 2,319 shares during the quarter. DAVENPORT & Co LLC’s holdings in VanEck High Yield Muni ETF were worth $578,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Moser Wealth Advisors LLC acquired a new stake in VanEck High Yield Muni ETF during the 3rd quarter worth approximately $53,000. Farther Finance Advisors LLC increased its position in VanEck High Yield Muni ETF by 1,541.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock worth $85,000 after purchasing an additional 1,511 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in VanEck High Yield Muni ETF in the 3rd quarter worth approximately $198,000. Coastline Trust Co purchased a new position in VanEck High Yield Muni ETF in the 3rd quarter worth approximately $224,000. Finally, Breakwater Capital Group boosted its holdings in VanEck High Yield Muni ETF by 10.7% in the 4th quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock worth $228,000 after acquiring an additional 422 shares during the period.

VanEck High Yield Muni ETF Price Performance

BATS HYD opened at $51.99 on Friday. The business has a fifty day moving average of $51.96 and a 200 day moving average of $52.27.

VanEck High Yield Muni ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2067 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from VanEck High Yield Muni ETF’s previous dividend of $0.18.

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.