Allworth Financial LP Sells 3,995 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Allworth Financial LP reduced its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 69.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,725 shares of the company’s stock after selling 3,995 shares during the period. Allworth Financial LP’s holdings in VanEck High Yield Muni ETF were worth $92,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Concurrent Investment Advisors LLC lifted its position in shares of VanEck High Yield Muni ETF by 3.3% during the first quarter. Concurrent Investment Advisors LLC now owns 8,608 shares of the company’s stock worth $450,000 after purchasing an additional 276 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its stake in shares of VanEck High Yield Muni ETF by 31.7% during the second quarter. Concourse Financial Group Securities Inc. now owns 16,638 shares of the company’s stock valued at $859,000 after purchasing an additional 4,007 shares during the period. Hennion & Walsh Asset Management Inc. boosted its stake in shares of VanEck High Yield Muni ETF by 32.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 23,878 shares of the company’s stock valued at $1,233,000 after purchasing an additional 5,839 shares during the period. Victory Capital Management Inc. purchased a new stake in shares of VanEck High Yield Muni ETF during the second quarter valued at $2,066,000. Finally, International Assets Investment Management LLC boosted its stake in shares of VanEck High Yield Muni ETF by 7.4% during the second quarter. International Assets Investment Management LLC now owns 4,767 shares of the company’s stock valued at $246,000 after purchasing an additional 329 shares during the period.

VanEck High Yield Muni ETF Stock Up 0.1 %

Shares of HYD opened at $52.23 on Friday. The company’s 50-day moving average is $52.59 and its two-hundred day moving average is $52.12.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1803 per share. 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.