Argonautica Private Wealth Management Inc. Has $340,000 Stake in VanEck High Yield Muni ETF (BATS:HYD)

Argonautica Private Wealth Management Inc. reduced its position in shares of VanEck High Yield Muni ETF (BATS:HYD) by 22.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,552 shares of the company’s stock after selling 1,878 shares during the quarter. Argonautica Private Wealth Management Inc.’s holdings in VanEck High Yield Muni ETF were worth $340,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Ocean Park Asset Management LLC raised its holdings in shares of VanEck High Yield Muni ETF by 98.0% in the fourth quarter. Ocean Park Asset Management LLC now owns 649,000 shares of the company’s stock valued at $33,690,000 after purchasing an additional 321,160 shares during the last quarter. Stifel Financial Corp increased its stake in shares of VanEck High Yield Muni ETF by 108.9% during the third quarter. Stifel Financial Corp now owns 169,159 shares of the company’s stock worth $8,977,000 after purchasing an additional 88,184 shares during the period. Confluence Investment Management LLC acquired a new stake in VanEck High Yield Muni ETF in the 3rd quarter worth about $3,505,000. Brady Martz Wealth Solutions LLC bought a new stake in shares of VanEck High Yield Muni ETF during the 4th quarter valued at $3,329,000. Finally, Kestra Investment Management LLC boosted its position in shares of VanEck High Yield Muni ETF by 61.5% during the 3rd quarter. Kestra Investment Management LLC now owns 163,570 shares of the company’s stock worth $8,681,000 after acquiring an additional 62,278 shares in the last quarter.

VanEck High Yield Muni ETF Trading Up 1.7 %

Shares of VanEck High Yield Muni ETF stock opened at $52.22 on Wednesday. The company has a fifty day moving average of $51.79 and a 200 day moving average of $52.24.

VanEck High Yield Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2067 per share. The ex-dividend date was Monday, February 3rd. This is a boost 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.