Tocqueville Asset Management L.P. Purchases Shares of 44,580 VanEck High Yield Muni ETF (BATS:HYD)

Tocqueville Asset Management L.P. acquired a new position in shares of VanEck High Yield Muni ETF (BATS:HYD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 44,580 shares of the company’s stock, valued at approximately $2,314,000. Tocqueville Asset Management L.P. owned 0.08% of VanEck High Yield Muni ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of HYD. Spire Wealth Management lifted its stake 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 valued at $25,000 after acquiring an additional 195 shares in the last quarter. Mather Group LLC. lifted its position in shares of VanEck High Yield Muni ETF by 0.4% in the fourth quarter. Mather Group LLC. now owns 55,146 shares of the company’s stock worth $2,863,000 after purchasing an additional 247 shares in the last quarter. Lansing Street Advisors boosted its holdings in VanEck High Yield Muni ETF by 3.0% during the fourth quarter. Lansing Street Advisors now owns 13,619 shares of the company’s stock worth $707,000 after purchasing an additional 393 shares during the last quarter. Martel Wealth Advisors Inc grew its position in VanEck High Yield Muni ETF by 1.1% in the fourth quarter. Martel Wealth Advisors Inc now owns 38,359 shares of the company’s stock valued at $1,991,000 after purchasing an additional 400 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in VanEck High Yield Muni ETF by 4.1% in the third quarter. D.A. Davidson & CO. now owns 10,380 shares of the company’s stock valued at $551,000 after purchasing an additional 408 shares in the last quarter.

VanEck High Yield Muni ETF Price Performance

Shares of BATS:HYD opened at $51.78 on Wednesday. The company’s 50-day moving average price is $51.86 and its two-hundred day moving average price is $52.19. VanEck High Yield Muni ETF has a one year low of $50.78 and a one year high of $53.10.

VanEck High Yield Muni ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1588 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.