Retirement Investment Advisors Inc. Has $5.28 Million Position in VanEck High Yield Muni ETF (BATS:HYD)

Retirement Investment Advisors Inc. lifted its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 12.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 101,672 shares of the company’s stock after purchasing an additional 10,912 shares during the period. VanEck High Yield Muni ETF accounts for 0.6% of Retirement Investment Advisors Inc.’s portfolio, making the stock its 12th largest holding. Retirement Investment Advisors Inc. owned 0.18% of VanEck High Yield Muni ETF worth $5,278,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC raised its stake in VanEck High Yield Muni ETF by 179,713.4% in the fourth quarter. Wealthfront Advisers LLC now owns 39,219,100 shares of the company’s stock valued at $2,035,863,000 after buying an additional 39,197,289 shares during the period. Ocean Park Asset Management LLC increased its holdings in shares of VanEck High Yield Muni ETF by 98.0% during the 4th quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock worth $33,690,000 after acquiring an additional 321,160 shares during the last quarter. Sage Mountain Advisors LLC raised its stake in VanEck High Yield Muni ETF by 1,388.9% in the 4th quarter. Sage Mountain Advisors LLC now owns 267,056 shares of the company’s stock valued at $13,863,000 after acquiring an additional 249,120 shares during the period. American Century Companies Inc. lifted its holdings in VanEck High Yield Muni ETF by 238.7% during the 4th quarter. American Century Companies Inc. now owns 297,400 shares of the company’s stock valued at $15,438,000 after purchasing an additional 209,600 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in VanEck High Yield Muni ETF during the fourth quarter worth $10,215,000.

VanEck High Yield Muni ETF Price Performance

Shares of HYD opened at $51.06 on Friday. The company’s 50-day moving average is $51.83 and its 200-day moving average is $52.13. VanEck High Yield Muni ETF has a fifty-two week low of $50.75 and a fifty-two week high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

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

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.