Claro Advisors LLC Has $384,000 Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

Claro Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 59.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,440 shares of the company’s stock after buying an additional 2,772 shares during the period. Claro Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $384,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HYD. First United Bank & Trust grew its position in VanEck High Yield Muni ETF by 1.0% during the 4th quarter. First United Bank & Trust now owns 23,574 shares of the company’s stock worth $1,217,000 after acquiring an additional 229 shares during the last quarter. Yeomans Consulting Group Inc. grew its holdings in shares of 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 grew its holdings in shares of VanEck High Yield Muni ETF by 4.2% during the second quarter. Xcel Wealth Management LLC now owns 6,250 shares of the company’s stock worth $323,000 after purchasing an additional 250 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of VanEck High Yield Muni ETF by 3.3% in the first 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 during the period. Finally, Argonautica Private Wealth Management Inc. raised its holdings in VanEck High Yield Muni ETF by 3.4% in 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 during the last quarter.

VanEck High Yield Muni ETF Stock Performance

BATS:HYD opened at $52.35 on Tuesday. The stock’s 50 day simple moving average is $52.19 and its 200 day simple moving average is $51.88.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.1803 per share. The ex-dividend date is Tuesday, September 3rd.

VanEck High Yield Muni ETF Company 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.