Idaho Trust Bank Buys 16,114 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Idaho Trust Bank boosted its stake in VanEck High Yield Muni ETF (BATS:HYD) by 114.8% in the 4th quarter, Holdings Channel reports. The firm owned 30,149 shares of the company’s stock after acquiring an additional 16,114 shares during the quarter. Idaho Trust Bank’s holdings in VanEck High Yield Muni ETF were worth $1,557,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Blue Trust Inc. grew its holdings in shares of VanEck High Yield Muni ETF by 44.2% during the 4th quarter. Blue Trust Inc. now owns 793 shares of the company’s stock valued at $39,000 after purchasing an additional 243 shares during the last quarter. Clearstead Advisors LLC purchased a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter worth approximately $108,000. Global Retirement Partners LLC increased its holdings in shares of VanEck High Yield Muni ETF by 549.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,495 shares of the company’s stock valued at $128,000 after acquiring an additional 2,111 shares in the last quarter. Davidson Investment Advisors bought a new position in shares of VanEck High Yield Muni ETF in the third quarter worth approximately $128,000. Finally, Advisors Preferred LLC purchased a new stake in VanEck High Yield Muni ETF during the 4th quarter valued at $185,000.

VanEck High Yield Muni ETF Stock Up 0.2 %

Shares of HYD stock traded up $0.09 during trading hours on Tuesday, reaching $51.61. The company had a trading volume of 590,108 shares. The business has a 50 day moving average of $51.70 and a two-hundred day moving average of $50.95.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.1942 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.