Clarity Financial LLC Takes Position in VanEck High Yield Muni ETF (BATS:HYD)

Clarity Financial LLC bought a new stake in shares of VanEck High Yield Muni ETF (BATS:HYD) in the third quarter, Holdings Channel.com reports. The fund bought 39,576 shares of the company’s stock, valued at approximately $2,100,000.

Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of VanEck High Yield Muni ETF during the second quarter valued at $30,000. Aspire Private Capital LLC boosted its stake in shares of VanEck High Yield Muni ETF by 74.2% during the second quarter. Aspire Private Capital LLC now owns 1,338 shares of the company’s stock valued at $69,000 after purchasing an additional 570 shares during the period. Lynx Investment Advisory purchased a new stake in shares of VanEck High Yield Muni ETF during the second quarter valued at $70,000. Larson Financial Group LLC boosted its stake in shares of VanEck High Yield Muni ETF by 13,241.7% during the second quarter. Larson Financial Group LLC now owns 1,601 shares of the company’s stock valued at $83,000 after purchasing an additional 1,589 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of VanEck High Yield Muni ETF by 1,541.8% during the third 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.

VanEck High Yield Muni ETF Stock Up 0.4 %

Shares of HYD opened at $52.24 on Tuesday. The company’s 50-day moving average is $52.57 and its two-hundred day moving average is $52.14.

VanEck High Yield Muni ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1803 dividend. The ex-dividend date of this dividend was Tuesday, September 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.