VanEck High Yield Muni ETF $HYD Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC reduced its stake in VanEck High Yield Muni ETF (BATS:HYD) by 17.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,255 shares of the company’s stock after selling 14,964 shares during the period. Ironwood Investment Counsel LLC owned approximately 0.11% of VanEck High Yield Muni ETF worth $3,576,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Yeomans Consulting Group Inc. increased its holdings in VanEck High Yield Muni ETF by 0.9% during the 3rd quarter. Yeomans Consulting Group Inc. now owns 22,938 shares of the company’s stock worth $1,165,000 after purchasing an additional 200 shares during the period. Nwam LLC boosted its stake in shares of VanEck High Yield Muni ETF by 0.9% in the 3rd quarter. Nwam LLC now owns 25,656 shares of the company’s stock valued at $1,314,000 after buying an additional 218 shares during the period. Balefire LLC grew its position in shares of VanEck High Yield Muni ETF by 3.9% during the third quarter. Balefire LLC now owns 7,139 shares of the company’s stock worth $363,000 after buying an additional 269 shares in the last quarter. Wealthfront Advisers LLC increased its stake in shares of VanEck High Yield Muni ETF by 1.4% during the second quarter. Wealthfront Advisers LLC now owns 21,587 shares of the company’s stock worth $1,084,000 after buying an additional 301 shares during the period. Finally, Binnacle Investments Inc raised its holdings in VanEck High Yield Muni ETF by 12.4% in the second quarter. Binnacle Investments Inc now owns 2,783 shares of the company’s stock valued at $140,000 after acquiring an additional 306 shares in the last quarter.

VanEck High Yield Muni ETF Trading Down 0.7%

Shares of VanEck High Yield Muni ETF stock opened at $50.99 on Friday. VanEck High Yield Muni ETF has a 52-week low of $47.78 and a 52-week high of $53.10. The company has a 50 day moving average of $51.12 and a 200 day moving average of $50.60.

VanEck High Yield Muni ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1859 per share. This is an increase from VanEck High Yield Muni ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.