Focus Partners Wealth Sells 7,291 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Focus Partners Wealth trimmed its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,732,127 shares of the company’s stock after selling 7,291 shares during the period. Focus Partners Wealth’s holdings in VanEck High Yield Muni ETF were worth $89,915,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Spire Wealth Management increased its holdings in VanEck High Yield Muni ETF by 69.6% during the fourth quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after buying an additional 195 shares during the last quarter. Headlands Technologies LLC grew its position in shares of VanEck High Yield Muni ETF by 153.7% during the 4th quarter. Headlands Technologies LLC now owns 576 shares of the company’s stock valued at $30,000 after acquiring an additional 349 shares during the period. Aptus Capital Advisors LLC purchased a new stake in shares of VanEck High Yield Muni ETF during the 4th quarter worth approximately $99,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter worth approximately $170,000. Finally, Burling Wealth Partners LLC purchased a new position in VanEck High Yield Muni ETF in the fourth quarter valued at approximately $208,000.

VanEck High Yield Muni ETF Price Performance

Shares of BATS HYD opened at $50.14 on Friday. The stock has a fifty day simple moving average of $50.60 and a two-hundred day simple moving average of $51.54. VanEck High Yield Muni ETF has a 1-year low of $47.78 and a 1-year high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1588 per share. The ex-dividend date was Monday, March 3rd.

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.