TCG Advisors LP bought a new position in shares of VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,976 shares of the company’s stock, valued at approximately $124,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Morningstar Investment Services LLC increased its holdings in VanEck Vectors High Yield Municipal Index ETF by 5.5% in the first quarter. Morningstar Investment Services LLC now owns 47,936 shares of the company’s stock valued at $3,009,000 after purchasing an additional 2,485 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in VanEck Vectors High Yield Municipal Index ETF by 136.4% in the first quarter. The Manufacturers Life Insurance Company now owns 26,249 shares of the company’s stock valued at $1,648,000 after acquiring an additional 15,146 shares during the period. Private Advisor Group LLC acquired a new position in VanEck Vectors High Yield Municipal Index ETF in the first quarter valued at about $1,345,000. Rockefeller Capital Management L.P. acquired a new position in VanEck Vectors High Yield Municipal Index ETF in the first quarter valued at about $58,000. Finally, MML Investors Services LLC grew its stake in VanEck Vectors High Yield Municipal Index ETF by 0.7% in the first quarter. MML Investors Services LLC now owns 36,617 shares of the company’s stock valued at $2,298,000 after acquiring an additional 256 shares during the period.

NYSEARCA:HYD traded up $0.06 on Wednesday, reaching $63.44. The company’s stock had a trading volume of 8,818 shares, compared to its average volume of 292,355. VanEck Vectors High Yield Municipal Index ETF has a 1-year low of $60.27 and a 1-year high of $63.74.

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were paid a $0.2262 dividend. This represents a $2.71 dividend on an annualized basis and a yield of 4.28%. This is a boost from VanEck Vectors High Yield Municipal Index ETF’s previous monthly dividend of $0.22. The ex-dividend date was Monday, June 3rd.

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

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