Gould Asset Management LLC CA Increases Position in VanEck High Yield Muni ETF (BATS:HYD)

Gould Asset Management LLC CA grew its stake in VanEck High Yield Muni ETF (BATS:HYD) by 26.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,210 shares of the company’s stock after acquiring an additional 1,100 shares during the quarter. Gould Asset Management LLC CA’s holdings in VanEck High Yield Muni ETF were worth $269,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Millington Financial Advisors LLC grew its stake in VanEck High Yield Muni ETF by 18.9% during the 4th quarter. Millington Financial Advisors LLC now owns 7,365 shares of the company’s stock worth $380,000 after buying an additional 1,169 shares during the last quarter. NewSquare Capital LLC grew its stake in VanEck High Yield Muni ETF by 1.0% during the 4th quarter. NewSquare Capital LLC now owns 109,728 shares of the company’s stock worth $5,665,000 after buying an additional 1,109 shares during the last quarter. 1900 Wealth Management LLC purchased a new position in VanEck High Yield Muni ETF during the 4th quarter worth $9,800,000. Sage Mountain Advisors LLC grew its stake in VanEck High Yield Muni ETF by 4,067.8% during the 4th quarter. Sage Mountain Advisors LLC now owns 387,853 shares of the company’s stock worth $20,025,000 after buying an additional 378,547 shares during the last quarter. Finally, Tyche Wealth Partners LLC purchased a new position in VanEck High Yield Muni ETF during the 4th quarter worth $721,000.

VanEck High Yield Muni ETF Price Performance

HYD stock traded down $0.01 on Friday, hitting $51.14. 952,638 shares of the company’s stock were exchanged. The stock’s 50-day simple moving average is $51.77 and its 200 day simple moving average is $50.78.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.1942 per share. The ex-dividend date was Monday, April 1st.

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.