Capital Advisors Wealth Management LLC Decreases Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Capital Advisors Wealth Management LLC reduced its stake in VanEck High Yield Muni ETF (BATS:HYD) by 9.2% during the second quarter, according to its most recent filing with the SEC. The fund owned 54,746 shares of the company’s stock after selling 5,564 shares during the quarter. Capital Advisors Wealth Management LLC owned 0.10% of VanEck High Yield Muni ETF worth $2,811,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in HYD. WealthPLAN Partners LLC bought a new stake in shares of VanEck High Yield Muni ETF in the first quarter valued at approximately $26,000. WealthPlan Investment Management LLC bought a new stake in VanEck High Yield Muni ETF during the 1st quarter valued at $27,000. Money Concepts Capital Corp purchased a new stake in shares of VanEck High Yield Muni ETF during the fourth quarter worth $39,000. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of VanEck High Yield Muni ETF in the first quarter worth $58,000. Finally, Arlington Partners LLC purchased a new position in shares of VanEck High Yield Muni ETF in the first quarter valued at $78,000.

VanEck High Yield Muni ETF Trading Down 0.4 %

Shares of HYD stock traded down $0.18 during trading hours on Monday, reaching $50.17. The stock had a trading volume of 344,613 shares. The stock has a 50 day simple moving average of $50.80 and a two-hundred day simple moving average of $51.05.

VanEck High Yield Muni ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, July 7th. Stockholders of record on Wednesday, July 5th were given a dividend of $0.1746 per share. The ex-dividend date of this dividend was Monday, July 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.