Man Group plc Sells 248,438 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Man Group plc trimmed its stake in VanEck High Yield Muni ETF (BATS:HYD) by 63.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 146,096 shares of the company’s stock after selling 248,438 shares during the period. Man Group plc owned about 0.26% of VanEck High Yield Muni ETF worth $7,584,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of HYD. Spire Wealth Management boosted its stake in VanEck High Yield Muni ETF by 69.6% in the fourth quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after purchasing an additional 195 shares in the last quarter. Headlands Technologies LLC boosted its stake in VanEck High Yield Muni ETF by 153.7% in the fourth quarter. Headlands Technologies LLC now owns 576 shares of the company’s stock worth $30,000 after purchasing an additional 349 shares in the last quarter. Aptus Capital Advisors LLC acquired a new position in VanEck High Yield Muni ETF in the fourth quarter worth $99,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in VanEck High Yield Muni ETF in the fourth quarter worth $170,000. Finally, Burling Wealth Partners LLC acquired a new position in VanEck High Yield Muni ETF in the fourth quarter worth $208,000.

VanEck High Yield Muni ETF Price Performance

VanEck High Yield Muni ETF stock opened at $49.82 on Tuesday. The business’s fifty day moving average is $50.38 and its two-hundred day moving average is $51.44. 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 firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1588 dividend. 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.