Smartleaf Asset Management LLC Has $1.48 Million Position in VanEck High Yield Muni ETF $HYD

Smartleaf Asset Management LLC raised its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 532.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,033 shares of the company’s stock after acquiring an additional 24,440 shares during the quarter. Smartleaf Asset Management LLC’s holdings in VanEck High Yield Muni ETF were worth $1,477,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Forum Financial Management LP boosted its position in shares of VanEck High Yield Muni ETF by 609.9% in the 3rd quarter. Forum Financial Management LP now owns 1,277,016 shares of the company’s stock worth $65,000,000 after purchasing an additional 1,097,133 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in VanEck High Yield Muni ETF by 38.5% in the second quarter. Ameriprise Financial Inc. now owns 568,929 shares of the company’s stock valued at $28,547,000 after buying an additional 158,024 shares during the period. Zions Bancorporation National Association UT bought a new position in VanEck High Yield Muni ETF during the second quarter worth about $7,869,000. JPMorgan Chase & Co. boosted its holdings in VanEck High Yield Muni ETF by 231.9% during the second quarter. JPMorgan Chase & Co. now owns 168,997 shares of the company’s stock worth $8,485,000 after buying an additional 118,079 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of VanEck High Yield Muni ETF by 68.9% during the 2nd quarter. Osaic Holdings Inc. now owns 280,062 shares of the company’s stock worth $14,146,000 after buying an additional 114,232 shares during the period.

VanEck High Yield Muni ETF Trading Up 0.1%

Shares of BATS:HYD opened at $51.05 on Tuesday. The firm’s 50 day simple moving average is $51.12 and its 200 day simple moving average is $50.64. VanEck High Yield Muni ETF has a fifty-two week low of $47.78 and a fifty-two week high of $52.53.

VanEck High Yield Muni ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.1859 dividend. This represents a c) annualized dividend and a yield of 4.4%. This is a boost from VanEck High Yield Muni ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, February 2nd.

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.