Veery Capital LLC Acquires 6,730 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Veery Capital LLC increased its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 7.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,927 shares of the company’s stock after acquiring an additional 6,730 shares during the period. VanEck High Yield Muni ETF comprises 1.9% of Veery Capital LLC’s investment portfolio, making the stock its 14th biggest holding. Veery Capital LLC owned 0.17% of VanEck High Yield Muni ETF worth $4,985,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYD. Sei Investments Co. lifted its position in shares of VanEck High Yield Muni ETF by 7.7% during the second quarter. Sei Investments Co. now owns 3,796,110 shares of the company’s stock valued at $196,067,000 after purchasing an additional 270,773 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in VanEck High Yield Muni ETF by 5.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,529,111 shares of the company’s stock valued at $78,981,000 after acquiring an additional 82,090 shares during the last quarter. Grimes & Company Inc. grew its position in shares of VanEck High Yield Muni ETF by 2.3% during the 3rd quarter. Grimes & Company Inc. now owns 1,138,643 shares of the company’s stock valued at $60,428,000 after acquiring an additional 25,109 shares during the period. Assetmark Inc. grew its position in shares of VanEck High Yield Muni ETF by 4.9% during the 3rd quarter. Assetmark Inc. now owns 1,053,426 shares of the company’s stock valued at $55,905,000 after acquiring an additional 49,277 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in shares of VanEck High Yield Muni ETF by 10.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 905,340 shares of the company’s stock worth $48,046,000 after purchasing an additional 86,526 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD opened at $52.31 on Friday. The company has a 50-day moving average price of $52.50 and a two-hundred day moving average price of $52.17.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.1803 dividend. The ex-dividend date was Tuesday, September 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.