Latitude Advisors LLC Acquires New Position in VanEck High Yield Muni ETF (BATS:HYD)

Latitude Advisors LLC bought a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,618 shares of the company’s stock, valued at approximately $240,000.

Other hedge funds also recently made changes to their positions in the company. Sovran Advisors LLC bought a new position in VanEck High Yield Muni ETF during the fourth quarter worth $226,000. Ocean Park Asset Management LLC lifted its position in shares of VanEck High Yield Muni ETF by 98.0% in the 4th quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock worth $33,690,000 after buying an additional 321,160 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 22.2% in the 4th quarter. Kestra Private Wealth Services LLC now owns 21,422 shares of the company’s stock valued at $1,112,000 after buying an additional 3,891 shares during the period. AlphaStar Capital Management LLC raised its stake in VanEck High Yield Muni ETF by 5.6% during the fourth quarter. AlphaStar Capital Management LLC now owns 14,273 shares of the company’s stock worth $741,000 after acquiring an additional 761 shares during the period. Finally, Kingsview Wealth Management LLC raised its stake in VanEck High Yield Muni ETF by 13.2% during the fourth quarter. Kingsview Wealth Management LLC now owns 4,562 shares of the company’s stock worth $237,000 after acquiring an additional 532 shares during the period.

VanEck High Yield Muni ETF Price Performance

Shares of HYD stock opened at $52.00 on Tuesday. The company has a 50 day moving average of $51.94 and a 200 day moving average of $52.27.

VanEck High Yield Muni ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2067 dividend. The ex-dividend date 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 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.