Insigneo Advisory Services LLC Purchases Shares of 12,354 VanEck High Yield Muni ETF (BATS:HYD)

Insigneo Advisory Services LLC acquired a new position in VanEck High Yield Muni ETF (BATS:HYD) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 12,354 shares of the company’s stock, valued at approximately $649,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HYD. Yeomans Consulting Group Inc. boosted its holdings in VanEck High Yield Muni ETF by 1.1% during the second quarter. Yeomans Consulting Group Inc. now owns 22,366 shares of the company’s stock worth $1,155,000 after purchasing an additional 237 shares during the last quarter. Xcel Wealth Management LLC lifted its position in shares of VanEck High Yield Muni ETF by 4.2% during the 2nd quarter. Xcel Wealth Management LLC now owns 6,250 shares of the company’s stock valued at $323,000 after buying an additional 250 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in VanEck High Yield Muni ETF by 1.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,495 shares of the company’s stock worth $1,235,000 after acquiring an additional 251 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF by 3.3% during the 1st quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock valued at $450,000 after buying an additional 276 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. lifted its stake in shares of VanEck High Yield Muni ETF by 3.4% during the 2nd quarter. Argonautica Private Wealth Management Inc. now owns 8,667 shares of the company’s stock valued at $448,000 after buying an additional 283 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

VanEck High Yield Muni ETF stock opened at $52.85 on Friday. The stock has a 50 day moving average of $52.43 and a two-hundred day moving average of $51.99.

VanEck High Yield Muni ETF Cuts Dividend

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

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.