Kovitz Investment Group Partners LLC Sells 2,245 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Kovitz Investment Group Partners LLC trimmed its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 1.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 160,532 shares of the company’s stock after selling 2,245 shares during the quarter. Kovitz Investment Group Partners LLC owned 0.28% of VanEck High Yield Muni ETF worth $8,333,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Spire Wealth Management lifted its stake in VanEck High Yield Muni ETF by 69.6% in the fourth quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after purchasing an additional 195 shares during the last quarter. Headlands Technologies LLC lifted its stake in shares of VanEck High Yield Muni ETF by 153.7% in the 4th quarter. Headlands Technologies LLC now owns 576 shares of the company’s stock valued at $30,000 after acquiring an additional 349 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in VanEck High Yield Muni ETF during the 4th quarter valued at about $170,000. Burling Wealth Partners LLC bought a new position in VanEck High Yield Muni ETF during the 4th quarter worth approximately $208,000. Finally, Breakwater Capital Group increased its stake in VanEck High Yield Muni ETF by 10.7% in the 4th quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock worth $228,000 after purchasing an additional 422 shares during the period.

VanEck High Yield Muni ETF Trading Down 2.4 %

Shares of HYD stock opened at $50.14 on Friday. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week high of $53.10. The stock has a 50 day moving average price of $51.00 and a two-hundred day moving average price of $51.71.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1588 per share. 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.