AlphaStar Capital Management LLC Acquires 761 Shares of VanEck High Yield Muni ETF (BATS:HYD)

AlphaStar Capital Management LLC lifted its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 5.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,273 shares of the company’s stock after purchasing an additional 761 shares during the period. AlphaStar Capital Management LLC’s holdings in VanEck High Yield Muni ETF were worth $741,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Stifel Financial Corp increased its holdings in VanEck High Yield Muni ETF by 108.9% during the third quarter. Stifel Financial Corp now owns 169,159 shares of the company’s stock worth $8,977,000 after buying an additional 88,184 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of VanEck High Yield Muni ETF by 10.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 905,340 shares of the company’s stock worth $48,046,000 after purchasing an additional 86,526 shares during the last quarter. Confluence Investment Management LLC bought a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter worth approximately $3,505,000. Brady Martz Wealth Solutions LLC purchased a new position in VanEck High Yield Muni ETF in the fourth quarter valued at approximately $3,329,000. Finally, Kestra Investment Management LLC lifted its stake in VanEck High Yield Muni ETF by 61.5% in the third quarter. Kestra Investment Management LLC now owns 163,570 shares of the company’s stock valued at $8,681,000 after purchasing an additional 62,278 shares during the last quarter.

VanEck High Yield Muni ETF Price Performance

BATS:HYD opened at $51.99 on Friday. The stock has a 50-day moving average price of $51.94 and a two-hundred day moving average price of $52.27.

VanEck High Yield Muni ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2067 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from VanEck High Yield Muni ETF’s previous dividend of $0.18.

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.