Full Sail Capital LLC Has $6.15 Million Stock Position in VanEck High Yield Muni ETF (BATS:HYD)

Full Sail Capital LLC cut its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 13.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 118,430 shares of the company’s stock after selling 18,745 shares during the quarter. Full Sail Capital LLC’s holdings in VanEck High Yield Muni ETF were worth $6,148,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Wealthfront Advisers LLC grew its stake in shares of VanEck High Yield Muni ETF by 179,713.4% in the fourth quarter. Wealthfront Advisers LLC now owns 39,219,100 shares of the company’s stock valued at $2,035,863,000 after buying an additional 39,197,289 shares in the last quarter. FMR LLC increased its stake in shares of VanEck High Yield Muni ETF by 132.1% during the 4th quarter. FMR LLC now owns 1,782,883 shares of the company’s stock worth $92,549,000 after purchasing an additional 1,014,701 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of VanEck High Yield Muni ETF by 8.7% in the 4th quarter. Bank of America Corp DE now owns 9,872,069 shares of the company’s stock valued at $512,459,000 after purchasing an additional 790,557 shares during the period. Ocean Park Asset Management LLC grew its holdings in VanEck High Yield Muni ETF by 98.0% during the fourth quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock worth $33,690,000 after purchasing an additional 321,160 shares during the period. Finally, Wells Fargo & Company MN increased its position in VanEck High Yield Muni ETF by 42.6% during the fourth quarter. Wells Fargo & Company MN now owns 887,504 shares of the company’s stock worth $46,070,000 after buying an additional 265,075 shares during the last quarter.

VanEck High Yield Muni ETF Stock Down 2.3 %

HYD opened at $50.14 on Friday. VanEck High Yield Muni ETF has a 12-month low of $47.78 and a 12-month high of $53.10. The business has a 50 day moving average of $50.60 and a 200-day moving average of $51.54.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

VanEck High Yield Muni ETF 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.