Lansing Street Advisors Buys 393 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Lansing Street Advisors boosted its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,619 shares of the company’s stock after purchasing an additional 393 shares during the period. Lansing Street Advisors’ holdings in VanEck High Yield Muni ETF were worth $707,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Spire Wealth Management raised its position 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 acquiring an additional 195 shares during the period. Verus Capital Partners LLC raised its position in VanEck High Yield Muni ETF by 3.2% in the third quarter. Verus Capital Partners LLC now owns 7,616 shares of the company’s stock worth $404,000 after acquiring an additional 236 shares during the period. Mather Group LLC. raised its position in VanEck High Yield Muni ETF by 0.4% in the fourth quarter. Mather Group LLC. now owns 55,146 shares of the company’s stock worth $2,863,000 after acquiring an additional 247 shares during the period. Martel Wealth Advisors Inc raised its position in VanEck High Yield Muni ETF by 1.1% in the fourth quarter. Martel Wealth Advisors Inc now owns 38,359 shares of the company’s stock worth $1,991,000 after acquiring an additional 400 shares during the period. Finally, D.A. Davidson & CO. raised its position in VanEck High Yield Muni ETF by 4.1% in the third quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock worth $551,000 after acquiring an additional 408 shares during the period.

VanEck High Yield Muni ETF Stock Performance

HYD opened at $52.12 on Friday. The stock has a fifty day simple moving average of $51.79 and a 200 day simple moving average of $52.24.

VanEck High Yield Muni ETF Increases Dividend

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

VanEck High Yield Muni ETF 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.