Full Sail Capital LLC Has $6.15 Million Position in VanEck High Yield Muni ETF (BATS:HYD)

Full Sail Capital LLC decreased its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 13.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 118,430 shares of the company’s stock after selling 18,745 shares during the period. Full Sail Capital LLC owned approximately 0.21% of VanEck High Yield Muni ETF worth $6,148,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in HYD. Ellevest Inc. raised its holdings in VanEck High Yield Muni ETF by 2.3% in the fourth quarter. Ellevest Inc. now owns 200,911 shares of the company’s stock worth $10,429,000 after purchasing an additional 4,571 shares during the period. EP Wealth Advisors LLC grew its stake in VanEck High Yield Muni ETF by 11.5% in the fourth quarter. EP Wealth Advisors LLC now owns 4,156 shares of the company’s stock valued at $216,000 after acquiring an additional 430 shares during the period. Captrust Financial Advisors grew its stake in VanEck High Yield Muni ETF by 1.3% in the fourth quarter. Captrust Financial Advisors now owns 37,409 shares of the company’s stock valued at $1,942,000 after acquiring an additional 467 shares during the period. Baird Financial Group Inc. raised its position in shares of VanEck High Yield Muni ETF by 0.5% during the fourth quarter. Baird Financial Group Inc. now owns 39,364 shares of the company’s stock worth $2,043,000 after purchasing an additional 198 shares during the period. Finally, Baker Avenue Asset Management LP raised its position in shares of VanEck High Yield Muni ETF by 8.0% during the fourth quarter. Baker Avenue Asset Management LP now owns 17,284 shares of the company’s stock worth $897,000 after purchasing an additional 1,282 shares during the period.

VanEck High Yield Muni ETF Trading Down 2.3 %

Shares of HYD opened at $50.14 on Friday. The stock has a 50 day simple moving average of $50.60 and a 200 day simple moving average of $51.54. VanEck High Yield Muni ETF has a 52-week low of $47.78 and a 52-week high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

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