Northwestern Mutual Wealth Management Co. lifted its position in VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD) by 2.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,367,091 shares of the company’s stock after buying an additional 27,015 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 1.63% of VanEck Vectors High Yield Municipal Index ETF worth $43,022,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Summit Trail Advisors LLC raised its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 3,022.0% in the 1st quarter. Summit Trail Advisors LLC now owns 103,026 shares of the company’s stock valued at $103,000 after buying an additional 99,726 shares during the period. Trilogy Capital Inc. purchased a new stake in shares of VanEck Vectors High Yield Municipal Index ETF in the 1st quarter valued at $106,000. Legacy Financial Advisors Inc. purchased a new stake in shares of VanEck Vectors High Yield Municipal Index ETF in the 2nd quarter valued at $161,000. MUFG Americas Holdings Corp raised its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 1,040.0% in the 1st quarter. MUFG Americas Holdings Corp now owns 5,700 shares of the company’s stock valued at $177,000 after buying an additional 5,200 shares during the period. Finally, US Bancorp DE raised its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 39.6% in the 2nd quarter. US Bancorp DE now owns 5,904 shares of the company’s stock valued at $186,000 after buying an additional 1,676 shares during the period.

HYD stock opened at $31.51 on Friday. VanEck Vectors High Yield Municipal Index ETF has a 12-month low of $30.60 and a 12-month high of $31.55.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 7th. Investors of record on Thursday, August 2nd were issued a $0.1165 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.44%. The ex-dividend date of this dividend was Wednesday, August 1st. This is an increase from VanEck Vectors High Yield Municipal Index ETF’s previous monthly dividend of $0.10.

Further Reading: Return on Investment (ROI)

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Institutional Ownership by Quarter for VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD)

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