OneDigital Investment Advisors LLC Has $13.20 Million Stock Position in VanEck High Yield Muni ETF $HYD

OneDigital Investment Advisors LLC boosted its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 92.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 259,318 shares of the company’s stock after purchasing an additional 124,509 shares during the period. OneDigital Investment Advisors LLC owned about 0.39% of VanEck High Yield Muni ETF worth $13,199,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of HYD. Intrust Bank NA bought a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter worth $1,801,000. Collaborative Wealth Managment Inc. acquired a new position in VanEck High Yield Muni ETF during the third quarter worth about $305,000. Centennial Bank AR acquired a new position in VanEck High Yield Muni ETF during the third quarter worth about $46,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of VanEck High Yield Muni ETF by 9.1% in the third quarter. Wealthcare Advisory Partners LLC now owns 54,415 shares of the company’s stock worth $2,770,000 after acquiring an additional 4,549 shares during the last quarter. Finally, Founders Financial Alliance LLC acquired a new stake in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at approximately $98,000.

VanEck High Yield Muni ETF Stock Down 0.3%

Shares of VanEck High Yield Muni ETF stock opened at $51.29 on Monday. The firm’s 50 day moving average is $51.18 and its 200 day moving average is $50.77. VanEck High Yield Muni ETF has a 1 year low of $47.78 and a 1 year high of $52.53.

VanEck High Yield Muni ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1859 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a boost from VanEck High Yield Muni ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.