Main Street Group LTD Lowers Stock Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Main Street Group LTD cut its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 27.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 657 shares of the company’s stock after selling 249 shares during the period. Main Street Group LTD’s holdings in VanEck High Yield Muni ETF were worth $34,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in HYD. Spire Wealth Management raised its stake in shares of VanEck High Yield Muni ETF by 69.6% during 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 increased its stake in 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 buying an additional 349 shares during the period. Aptus Capital Advisors LLC acquired a new position in VanEck High Yield Muni ETF in the 4th quarter valued at $99,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in VanEck High Yield Muni ETF during the 4th quarter worth $170,000. Finally, Burling Wealth Partners LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter worth $208,000.

VanEck High Yield Muni ETF Stock Down 2.5%

Shares of BATS:HYD opened at $50.08 on Wednesday. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week high of $53.10. The firm’s 50-day simple moving average is $50.53 and its 200-day simple moving average is $51.51.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1588 per share. The ex-dividend date of this dividend was Monday, March 3rd.

VanEck High Yield Muni ETF Company 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.