Smartleaf Asset Management LLC Has $1.48 Million Stake in VanEck High Yield Muni ETF $HYD

Smartleaf Asset Management LLC lifted its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 532.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,033 shares of the company’s stock after purchasing an additional 24,440 shares during the quarter. Smartleaf Asset Management LLC’s holdings in VanEck High Yield Muni ETF were worth $1,477,000 at the end of the most recent quarter.

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

VanEck High Yield Muni ETF Stock Up 0.1%

HYD opened at $51.05 on Tuesday. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month high of $52.53. The firm’s fifty day simple moving average is $51.12 and its 200 day simple moving average is $50.64.

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. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd.

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.