Advyzon Investment Management LLC Purchases Shares of 25,178 VanEck High Yield Muni ETF (BATS:HYD)

Advyzon Investment Management LLC acquired a new position in VanEck High Yield Muni ETF (BATS:HYD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,178 shares of the company’s stock, valued at approximately $1,307,000.

Several other large investors have also modified their holdings of HYD. Spire Wealth Management lifted its position in VanEck High Yield Muni ETF by 69.6% during the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after acquiring an additional 195 shares during the last quarter. Moser Wealth Advisors LLC bought a new position in shares of VanEck High Yield Muni ETF in the third quarter worth about $53,000. Farther Finance Advisors LLC grew its holdings in VanEck High Yield Muni ETF by 1,541.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock valued at $85,000 after buying an additional 1,511 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in VanEck High Yield Muni ETF in the 4th quarter worth approximately $170,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of VanEck High Yield Muni ETF during the third quarter worth approximately $198,000.

VanEck High Yield Muni ETF Price Performance

HYD opened at $51.84 on Thursday. The company has a fifty day simple moving average of $51.82 and a 200 day simple moving average of $52.24.

VanEck High Yield Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2067 per share. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, February 3rd.

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.