Sigma Planning Corp Sells 622 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Sigma Planning Corp decreased its position in VanEck High Yield Muni ETF (BATS:HYD) by 6.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,751 shares of the company’s stock after selling 622 shares during the period. Sigma Planning Corp’s holdings in VanEck High Yield Muni ETF were worth $452,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Tyche Wealth Partners LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter valued at about $721,000. Financial Strategies Group Inc. raised its stake in shares of VanEck High Yield Muni ETF by 7.9% in the 4th quarter. Financial Strategies Group Inc. now owns 9,916 shares of the company’s stock valued at $503,000 after purchasing an additional 728 shares during the period. Simplicity Solutions LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter valued at about $819,000. Perigon Wealth Management LLC raised its stake in shares of VanEck High Yield Muni ETF by 12.1% in the 4th quarter. Perigon Wealth Management LLC now owns 13,143 shares of the company’s stock valued at $679,000 after purchasing an additional 1,414 shares during the period. Finally, Petra Financial Advisors Inc. acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter valued at about $208,000.

VanEck High Yield Muni ETF Stock Performance

HYD opened at $51.16 on Friday. The firm has a 50-day moving average price of $51.77 and a 200-day moving average price of $50.78.

VanEck High Yield Muni ETF Cuts Dividend

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

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.