Wealthcare Capital Management LLC Acquires 430 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Wealthcare Capital Management LLC grew its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 7.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,173 shares of the company’s stock after buying an additional 430 shares during the quarter. Wealthcare Capital Management LLC’s holdings in VanEck High Yield Muni ETF were worth $323,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Parallel Advisors LLC lifted its position in VanEck High Yield Muni ETF by 170.4% in the fourth quarter. Parallel Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after purchasing an additional 322 shares during the last quarter. Blue Trust Inc. grew its holdings in VanEck High Yield Muni ETF by 44.2% in the 4th quarter. Blue Trust Inc. now owns 793 shares of the company’s stock worth $39,000 after acquiring an additional 243 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of VanEck High Yield Muni ETF in the fourth quarter valued at about $57,000. Global Retirement Partners LLC raised its stake in shares of VanEck High Yield Muni ETF by 549.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,495 shares of the company’s stock valued at $128,000 after acquiring an additional 2,111 shares during the last quarter. Finally, Advisors Preferred LLC purchased a new stake in shares of VanEck High Yield Muni ETF during the fourth quarter worth about $185,000.

VanEck High Yield Muni ETF Price Performance

BATS:HYD traded down $0.18 during mid-day trading on Thursday, reaching $51.90. 335,914 shares of the company’s stock traded hands. The firm’s 50-day moving average is $51.64 and its 200 day moving average is $51.60.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, June 6th. Stockholders of record on Monday, June 3rd were given a $0.1863 dividend. The ex-dividend date was Monday, June 3rd.

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.