Focus Partners Wealth Sells 327,121 Shares of VanEck High Yield Muni ETF $HYD

Focus Partners Wealth lowered its holdings in shares of VanEck High Yield Muni ETF (BATS:HYDFree Report) by 19.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,361,911 shares of the company’s stock after selling 327,121 shares during the period. Focus Partners Wealth owned about 2.06% of VanEck High Yield Muni ETF worth $69,378,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of HYD. US Bancorp DE boosted its stake in VanEck High Yield Muni ETF by 101.1% in the 3rd quarter. US Bancorp DE now owns 539 shares of the company’s stock valued at $27,000 after buying an additional 271 shares in the last quarter. CoreCap Advisors LLC raised its stake in VanEck High Yield Muni ETF by 753.2% during the third quarter. CoreCap Advisors LLC now owns 657 shares of the company’s stock worth $33,000 after acquiring an additional 580 shares in the last quarter. Mather Group LLC. bought a new position in shares of VanEck High Yield Muni ETF during the third quarter valued at $35,000. Northwest Capital Management Inc acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at $38,000. Finally, Centennial Bank AR acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at $46,000.

VanEck High Yield Muni ETF Stock Up 0.2%

HYD opened at $50.78 on Tuesday. The firm’s 50-day simple moving average is $51.14 and its 200-day simple moving average is $50.96. VanEck High Yield Muni ETF has a twelve month low of $47.78 and a twelve month high of $51.99.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1717 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

About VanEck High Yield Muni ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck High Yield Muni ETF (BATS:HYD)

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