VanEck High Yield Muni ETF $HYD Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its stake in VanEck High Yield Muni ETF (BATS:HYD) by 74.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,266 shares of the company’s stock after acquiring an additional 18,085 shares during the period. Stratos Wealth Partners LTD.’s holdings in VanEck High Yield Muni ETF were worth $2,161,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. US Bancorp DE lifted its stake in shares of VanEck High Yield Muni ETF by 101.1% in the 3rd quarter. US Bancorp DE now owns 539 shares of the company’s stock worth $27,000 after acquiring an additional 271 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter worth approximately $30,000. CoreCap Advisors LLC lifted its stake in shares of VanEck High Yield Muni ETF by 753.2% in the 3rd quarter. CoreCap Advisors LLC now owns 657 shares of the company’s stock worth $33,000 after acquiring an additional 580 shares during the period. Mather Group LLC. acquired a new stake in VanEck High Yield Muni ETF during the third quarter valued at approximately $35,000. Finally, Northwest Capital Management Inc acquired a new stake in VanEck High Yield Muni ETF during the third quarter valued at approximately $38,000.

VanEck High Yield Muni ETF Price Performance

HYD stock opened at $50.74 on Wednesday. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month high of $51.66. The firm has a 50 day simple moving average of $50.84 and a 200 day simple moving average of $50.96.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1717 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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.