C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases Shares of 4,987 VanEck High Yield Muni ETF (BATS:HYD)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of VanEck High Yield Muni ETF (BATS:HYD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,987 shares of the company’s stock, valued at approximately $259,000.

Other hedge funds also recently made changes to their positions in the company. Spire Wealth Management lifted its holdings in VanEck High Yield Muni ETF by 69.6% in the 4th quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after purchasing an additional 195 shares in the last quarter. Moser Wealth Advisors LLC purchased a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter worth approximately $53,000. Farther Finance Advisors LLC raised its holdings in shares of VanEck High Yield Muni ETF by 1,541.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock worth $85,000 after acquiring an additional 1,511 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of VanEck High Yield Muni ETF during the 4th quarter worth approximately $170,000. Finally, EP Wealth Advisors LLC purchased a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter worth approximately $198,000.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD opened at $51.89 on Friday. The business’s 50-day moving average price is $51.81 and its 200 day moving average price is $52.24.

VanEck High Yield Muni ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2067 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from VanEck High Yield Muni ETF’s previous dividend of $0.18.

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.