Focus Partners Advisor Solutions LLC Acquires 68,536 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Focus Partners Advisor Solutions LLC raised its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 296.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 91,666 shares of the company’s stock after purchasing an additional 68,536 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in VanEck High Yield Muni ETF were worth $4,758,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HYD. Arkadios Wealth Advisors acquired a new stake in shares of VanEck High Yield Muni ETF during the 4th quarter worth $315,000. Westside Investment Management Inc. lifted its position in VanEck High Yield Muni ETF by 12.8% during the fourth quarter. Westside Investment Management Inc. now owns 26,099 shares of the company’s stock worth $1,355,000 after purchasing an additional 2,966 shares during the period. Apeiron RIA LLC grew its stake in VanEck High Yield Muni ETF by 4.4% during the fourth quarter. Apeiron RIA LLC now owns 37,418 shares of the company’s stock worth $1,942,000 after buying an additional 1,571 shares in the last quarter. RFG Advisory LLC grew its stake in VanEck High Yield Muni ETF by 0.4% during the fourth quarter. RFG Advisory LLC now owns 195,938 shares of the company’s stock worth $10,171,000 after buying an additional 799 shares in the last quarter. Finally, CX Institutional increased its holdings in VanEck High Yield Muni ETF by 22.2% in the 4th quarter. CX Institutional now owns 198,666 shares of the company’s stock valued at $10,313,000 after buying an additional 36,127 shares during the period.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS:HYD opened at $49.53 on Thursday. The firm has a 50 day moving average of $50.30 and a 200-day moving average of $51.42. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid 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.