AlphaStar Capital Management LLC Grows Holdings in VanEck High Yield Muni ETF (BATS:HYD)

AlphaStar Capital Management LLC grew its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,273 shares of the company’s stock after buying an additional 761 shares during the quarter. AlphaStar Capital Management LLC’s holdings in VanEck High Yield Muni ETF were worth $741,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in HYD. Martel Wealth Advisors Inc lifted its position in VanEck High Yield Muni ETF by 2.8% in the 3rd quarter. Martel Wealth Advisors Inc now owns 37,959 shares of the company’s stock worth $2,003,000 after buying an additional 1,030 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of VanEck High Yield Muni ETF during the third quarter worth approximately $459,000. CX Institutional lifted its holdings in shares of VanEck High Yield Muni ETF by 2.0% in the 3rd quarter. CX Institutional now owns 162,539 shares of the company’s stock worth $8,626,000 after acquiring an additional 3,204 shares during the last quarter. Magnus Financial Group LLC boosted its stake in shares of VanEck High Yield Muni ETF by 20.8% in the 3rd quarter. Magnus Financial Group LLC now owns 18,659 shares of the company’s stock valued at $990,000 after purchasing an additional 3,208 shares in the last quarter. Finally, FLC Capital Advisors grew its holdings in shares of VanEck High Yield Muni ETF by 7.1% during the 3rd quarter. FLC Capital Advisors now owns 8,009 shares of the company’s stock valued at $425,000 after purchasing an additional 533 shares during the last quarter.

VanEck High Yield Muni ETF Stock Up 1.2 %

VanEck High Yield Muni ETF stock opened at $51.99 on Friday. The stock has a fifty day simple moving average of $51.94 and a two-hundred day simple 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. Stockholders of record on Monday, February 3rd were paid 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.

About VanEck High Yield Muni ETF

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.