Magnus Financial Group LLC Takes Position in VanEck High Yield Muni ETF (BATS:HYD)

Magnus Financial Group LLC acquired a new stake in VanEck High Yield Muni ETF (BATS:HYDFree Report) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 4,640 shares of the company’s stock, valued at approximately $240,000.

Other large investors have also bought and sold shares of the company. Blue Trust Inc. lifted its position in shares of VanEck High Yield Muni ETF by 44.2% during the 4th quarter. Blue Trust Inc. now owns 793 shares of the company’s stock valued at $39,000 after acquiring an additional 243 shares during the last quarter. Sheets Smith Wealth Management acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at $98,000. Clearstead Advisors LLC bought a new stake in shares of VanEck High Yield Muni ETF during the third quarter worth $108,000. Davidson Investment Advisors acquired a new position in shares of VanEck High Yield Muni ETF during the third quarter valued at $128,000. Finally, Global Retirement Partners LLC boosted its holdings in VanEck High Yield Muni ETF by 549.7% in the fourth quarter. Global Retirement Partners LLC now owns 2,495 shares of the company’s stock valued at $128,000 after acquiring an additional 2,111 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

VanEck High Yield Muni ETF stock opened at $51.26 on Tuesday. The company’s 50-day simple moving average is $51.75 and its 200-day simple moving average is $50.84.

VanEck High Yield Muni ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.1942 dividend. The ex-dividend date was Monday, April 1st.

VanEck High Yield Muni ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck High Yield Muni ETF (BATS:HYD)

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