VanEck High Yield Muni ETF (BATS:HYD) Position Decreased by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC decreased its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 44.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,740 shares of the company’s stock after selling 4,534 shares during the period. Evolution Wealth Advisors LLC’s holdings in VanEck High Yield Muni ETF were worth $296,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Blue Trust Inc. lifted its stake in VanEck High Yield Muni ETF by 44.2% during the fourth quarter. Blue Trust Inc. now owns 793 shares of the company’s stock valued at $39,000 after buying an additional 243 shares in the last quarter. Money Concepts Capital Corp purchased a new stake in VanEck High Yield Muni ETF during the fourth quarter valued at about $39,000. Sheets Smith Wealth Management purchased a new stake in VanEck High Yield Muni ETF during the third quarter valued at about $98,000. Clearstead Advisors LLC purchased a new stake in VanEck High Yield Muni ETF during the third quarter valued at about $108,000. Finally, Davidson Investment Advisors purchased a new stake in VanEck High Yield Muni ETF during the third quarter valued at about $128,000.

VanEck High Yield Muni ETF Trading Up 0.1 %

HYD stock traded up $0.03 during mid-day trading on Friday, reaching $51.46. 347,476 shares of the stock traded hands. The stock has a 50-day moving average of $51.76 and a two-hundred day moving average of $50.68.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.1942 dividend. The ex-dividend date was Monday, April 1st.

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.