Oppenheimer & Co. Inc. Has $1.85 Million Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Oppenheimer & Co. Inc. lowered its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,782 shares of the company’s stock after selling 733 shares during the period. Oppenheimer & Co. Inc. owned approximately 0.06% of VanEck High Yield Muni ETF worth $1,846,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Concourse Financial Group Securities Inc. grew its stake in VanEck High Yield Muni ETF by 31.7% in the second quarter. Concourse Financial Group Securities Inc. now owns 16,638 shares of the company’s stock valued at $859,000 after acquiring an additional 4,007 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in VanEck High Yield Muni ETF by 32.4% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 23,878 shares of the company’s stock worth $1,233,000 after buying an additional 5,839 shares during the period. Victory Capital Management Inc. acquired a new stake in VanEck High Yield Muni ETF during the 2nd quarter worth approximately $2,066,000. International Assets Investment Management LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 7.4% in the second quarter. International Assets Investment Management LLC now owns 4,767 shares of the company’s stock valued at $246,000 after buying an additional 329 shares during the period. Finally, Private Advisor Group LLC boosted its stake in shares of VanEck High Yield Muni ETF by 52.9% during the 2nd quarter. Private Advisor Group LLC now owns 19,437 shares of the company’s stock worth $1,004,000 after buying an additional 6,726 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

BATS:HYD opened at $52.31 on Monday. The firm has a 50-day moving average of $52.50 and a 200-day moving average of $52.18.

VanEck High Yield Muni ETF Cuts Dividend

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