Zions Bancorporation N.A. Makes New Investment in VanEck High Yield Muni ETF (BATS:HYD)

Zions Bancorporation N.A. bought a new stake in shares of VanEck High Yield Muni ETF (BATS:HYDFree Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 19,687 shares of the company’s stock, valued at approximately $1,022,000.

A number of other hedge funds have also made changes to their positions in the stock. Spire Wealth Management boosted its stake in VanEck High Yield Muni ETF by 69.6% during the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock valued at $25,000 after acquiring an additional 195 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of VanEck High Yield Muni ETF in the 4th quarter valued at about $170,000. EP Wealth Advisors LLC bought a new position in shares of VanEck High Yield Muni ETF during the third quarter worth about $198,000. Sovran Advisors LLC acquired a new position in VanEck High Yield Muni ETF in the fourth quarter worth about $226,000. Finally, Breakwater Capital Group increased its holdings in VanEck High Yield Muni ETF by 10.7% in the fourth quarter. Breakwater Capital Group now owns 4,383 shares of the company’s stock valued at $228,000 after buying an additional 422 shares during the last quarter.

VanEck High Yield Muni ETF Stock Performance

Shares of BATS HYD opened at $51.02 on Thursday. The stock’s 50 day moving average price is $51.86 and its two-hundred day moving average price is $52.16. VanEck High Yield Muni ETF has a 52-week low of $50.78 and a 52-week high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

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

About VanEck High Yield Muni ETF

(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.

See Also

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

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