Stratos Wealth Advisors LLC Decreases Position in VanEck High Yield Muni ETF (BATS:HYD)

Stratos Wealth Advisors LLC lowered its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 17.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,380 shares of the company’s stock after selling 1,344 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $339,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of VanEck High Yield Muni ETF in the second quarter valued at $30,000. Register Financial Advisors LLC purchased a new stake in VanEck High Yield Muni ETF in the 1st quarter worth about $36,000. Aspire Private Capital LLC raised its position in VanEck High Yield Muni ETF by 74.2% in the 2nd quarter. Aspire Private Capital LLC now owns 1,338 shares of the company’s stock worth $69,000 after purchasing an additional 570 shares during the period. Lynx Investment Advisory bought a new stake in VanEck High Yield Muni ETF in the second quarter worth about $70,000. Finally, Larson Financial Group LLC boosted its position in shares of VanEck High Yield Muni ETF by 13,241.7% during the second quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock valued at $83,000 after buying an additional 1,589 shares during the period.

VanEck High Yield Muni ETF Trading Down 0.4 %

HYD opened at $52.31 on Wednesday. The company’s 50 day simple moving average is $52.62 and its 200 day simple moving average is $52.09.

VanEck High Yield Muni ETF Cuts Dividend

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