Benjamin Edwards Inc. Has $2.25 Million Position in VanEck High Yield Muni ETF (BATS:HYD)

Benjamin Edwards Inc. boosted its position in VanEck High Yield Muni ETF (BATS:HYD) by 10.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,330 shares of the company’s stock after purchasing an additional 4,120 shares during the quarter. Benjamin Edwards Inc.’s holdings in VanEck High Yield Muni ETF were worth $2,249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HYD. Wealthfront Advisers LLC boosted its position in shares of VanEck High Yield Muni ETF by 179,713.4% in the fourth quarter. Wealthfront Advisers LLC now owns 39,219,100 shares of the company’s stock valued at $2,035,863,000 after acquiring an additional 39,197,289 shares during the period. Sei Investments Co. boosted its holdings in VanEck High Yield Muni ETF by 4.6% in the 4th quarter. Sei Investments Co. now owns 3,248,541 shares of the company’s stock valued at $168,632,000 after purchasing an additional 141,388 shares during the period. FMR LLC grew its position in shares of VanEck High Yield Muni ETF by 132.1% during the 4th quarter. FMR LLC now owns 1,782,883 shares of the company’s stock worth $92,549,000 after purchasing an additional 1,014,701 shares in the last quarter. Grimes & Company Inc. raised its position in shares of VanEck High Yield Muni ETF by 4.4% in the fourth quarter. Grimes & Company Inc. now owns 1,189,221 shares of the company’s stock valued at $61,732,000 after buying an additional 50,578 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in shares of VanEck High Yield Muni ETF by 5.4% in the fourth quarter. Assetmark Inc. now owns 1,109,860 shares of the company’s stock valued at $57,613,000 after buying an additional 56,434 shares during the period.

VanEck High Yield Muni ETF Price Performance

Shares of BATS:HYD opened at $50.14 on Wednesday. The business’s 50 day simple moving average is $50.73 and its 200 day simple moving average is $51.59. VanEck High Yield Muni ETF has a 1 year low of $47.78 and a 1 year high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1588 dividend. The ex-dividend date was Monday, March 3rd.

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.