Mather Group LLC. Has $2.86 Million Stock Holdings in VanEck High Yield Muni ETF (BATS:HYD)

Mather Group LLC. boosted its holdings in shares of VanEck High Yield Muni ETF (BATS:HYD) by 0.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 55,146 shares of the company’s stock after purchasing an additional 247 shares during the quarter. Mather Group LLC.’s holdings in VanEck High Yield Muni ETF were worth $2,863,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Spire Wealth Management grew its stake in shares of VanEck High Yield Muni ETF by 69.6% in the fourth quarter. Spire Wealth Management now owns 475 shares of the company’s stock worth $25,000 after acquiring an additional 195 shares during the last quarter. Moser Wealth Advisors LLC acquired a new stake in VanEck High Yield Muni ETF in the 3rd quarter worth $53,000. Farther Finance Advisors LLC increased 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 purchasing an additional 1,511 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of VanEck High Yield Muni ETF during the third quarter valued at about $198,000. Finally, Coastline Trust Co bought a new stake in shares of VanEck High Yield Muni ETF in the third quarter valued at about $224,000.

VanEck High Yield Muni ETF Stock Performance

Shares of HYD opened at $51.96 on Wednesday. The firm’s 50-day moving average price is $51.99 and its 200-day moving average price is $52.27.

VanEck High Yield Muni ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2067 per share. The ex-dividend date is Monday, February 3rd. This is a boost from VanEck High Yield Muni ETF’s previous dividend of $0.18.

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.