Janney Montgomery Scott LLC Purchases 61,398 Shares of VanEck High Yield Muni ETF (BATS:HYD)

Posted by Defense World Staff on Jul 23rd, 2023

Janney Montgomery Scott LLC raised its position in shares of VanEck High Yield Muni ETF (BATS:HYD – Free Report) by 97.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 124,143 shares of the company’s stock after purchasing an additional 61,398 shares during the quarter. Janney Montgomery Scott LLC owned 0.22% of VanEck High Yield Muni ETF worth $6,423,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Money Concepts Capital Corp bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter valued at approximately $39,000. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of VanEck High Yield Muni ETF during the 1st quarter valued at approximately $58,000. Coston McIsaac & Partners bought a new position in shares of VanEck High Yield Muni ETF during the 4th quarter valued at approximately $71,000. Arlington Partners LLC bought a new position in VanEck High Yield Muni ETF in the 1st quarter worth approximately $78,000. Finally, Stephens Consulting LLC bought a new position in VanEck High Yield Muni ETF in the 4th quarter worth approximately $86,000.

VanEck High Yield Muni ETF Stock Up 0.1 %

HYD stock opened at $51.55 on Friday. The business has a fifty day simple moving average of $51.14 and a 200 day simple moving average of $51.43.

VanEck High Yield Muni ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, July 7th. Shareholders of record on Wednesday, July 5th were paid a $0.1746 dividend. The ex-dividend date of this dividend was Monday, July 3rd.

VanEck High Yield Muni ETF Company Profile

(Free Report)

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.