Stephens Inc. AR Has $527,000 Stake in VanEck High Yield Muni ETF (BATS:HYD)

Stephens Inc. AR decreased its holdings in VanEck High Yield Muni ETF (BATS:HYD) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,144 shares of the company’s stock after selling 521 shares during the period. Stephens Inc. AR’s holdings in VanEck High Yield Muni ETF were worth $527,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Spire Wealth Management increased its holdings in shares of 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 purchasing an additional 195 shares during the period. Moser Wealth Advisors LLC acquired a new position in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at about $53,000. Farther Finance Advisors LLC increased its holdings in shares of VanEck High Yield Muni ETF by 1,541.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,609 shares of the company’s stock valued at $85,000 after purchasing an additional 1,511 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of VanEck High Yield Muni ETF in the 4th quarter valued at about $170,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of VanEck High Yield Muni ETF in the 3rd quarter valued at about $198,000.

VanEck High Yield Muni ETF Price Performance

Shares of BATS HYD opened at $51.89 on Friday. The firm has a 50 day moving average price of $51.87 and a 200 day moving average price of $52.26.

VanEck High Yield Muni ETF Increases Dividend

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