VanEck High Yield Muni ETF (BATS:HYD) Shares Purchased by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC increased its stake in shares of VanEck High Yield Muni ETF (BATS:HYD) by 98.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 649,000 shares of the company’s stock after acquiring an additional 321,160 shares during the period. VanEck High Yield Muni ETF makes up approximately 1.1% of Ocean Park Asset Management LLC’s holdings, making the stock its 14th largest holding. Ocean Park Asset Management LLC’s holdings in VanEck High Yield Muni ETF were worth $33,690,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Exchange Traded Concepts LLC purchased a new stake in VanEck High Yield Muni ETF during the 3rd quarter worth approximately $459,000. CX Institutional increased its holdings in VanEck High Yield Muni ETF by 2.0% during the 3rd quarter. CX Institutional now owns 162,539 shares of the company’s stock worth $8,626,000 after purchasing an additional 3,204 shares during the last quarter. Magnus Financial Group LLC increased its holdings in VanEck High Yield Muni ETF by 20.8% during the 3rd quarter. Magnus Financial Group LLC now owns 18,659 shares of the company’s stock worth $990,000 after purchasing an additional 3,208 shares during the last quarter. FLC Capital Advisors increased its holdings in 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 worth $425,000 after purchasing an additional 533 shares during the last quarter. Finally, Good Life Advisors LLC increased its holdings in shares of VanEck High Yield Muni ETF by 124.6% in the 3rd quarter. Good Life Advisors LLC now owns 26,784 shares of the company’s stock valued at $1,421,000 after acquiring an additional 14,859 shares during the last quarter.

VanEck High Yield Muni ETF Stock Up 1.3 %

Shares of BATS HYD opened at $52.00 on Tuesday. The firm has a fifty day moving average price of $51.94 and a 200 day moving average price of $52.27.

VanEck High Yield Muni ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.2067 dividend. This is an increase from VanEck High Yield Muni ETF’s previous dividend of $0.18. The ex-dividend date was Monday, February 3rd.

VanEck High Yield Muni ETF 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.