WealthBridge Capital Management LLC Raises Stock Holdings in VanEck High Yield Muni ETF (BATS:HYD)

WealthBridge Capital Management LLC raised its position in VanEck High Yield Muni ETF (BATS:HYD) by 36.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,520 shares of the company’s stock after buying an additional 4,900 shares during the quarter. WealthBridge Capital Management LLC’s holdings in VanEck High Yield Muni ETF were worth $961,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HYD. Foundations Investment Advisors LLC purchased a new stake in VanEck High Yield Muni ETF in the third quarter valued at approximately $671,000. Private Advisor Group LLC increased its holdings in shares of VanEck High Yield Muni ETF by 7.1% in the third quarter. Private Advisor Group LLC now owns 20,815 shares of the company’s stock valued at $1,105,000 after purchasing an additional 1,378 shares during the period. Hennion & Walsh Asset Management Inc. increased its holdings in shares of VanEck High Yield Muni ETF by 2.3% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 24,439 shares of the company’s stock valued at $1,297,000 after purchasing an additional 561 shares during the period. Grimes & Company Inc. increased its holdings in shares of VanEck High Yield Muni ETF by 2.3% in the third quarter. Grimes & Company Inc. now owns 1,138,643 shares of the company’s stock valued at $60,428,000 after purchasing an additional 25,109 shares during the period. Finally, PFG Investments LLC acquired a new position in shares of VanEck High Yield Muni ETF in the third quarter valued at approximately $274,000.

VanEck High Yield Muni ETF Trading Up 0.9 %

BATS:HYD opened at $51.84 on Thursday. The company has a 50-day moving average of $51.82 and a 200 day moving average of $52.24.

VanEck High Yield Muni ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.2067 dividend. 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 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.