VanEck High Yield Muni ETF (BATS:HYD) Plans Dividend of $0.16

VanEck High Yield Muni ETF (BATS:HYD) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.1588 per share on Thursday, March 6th. The ex-dividend date is Monday, March 3rd.

VanEck High Yield Muni ETF Price Performance

Shares of HYD stock traded up $1.15 during trading hours on Friday, hitting $52.50. 1,932,937 shares of the company were exchanged. The business’s 50-day moving average price is $51.84 and its two-hundred day moving average price is $52.24.

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.