Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $6.29 Million Stock Holdings in VanEck High Yield Muni ETF $HYD

Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its position in VanEck High Yield Muni ETF (BATS:HYD) by 10.0% during the third quarter, HoldingsChannel.com reports. The fund owned 123,627 shares of the company’s stock after selling 13,806 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in VanEck High Yield Muni ETF were worth $6,293,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. CoreCap Advisors LLC boosted its holdings in shares of VanEck High Yield Muni ETF by 753.2% in the 3rd quarter. CoreCap Advisors LLC now owns 657 shares of the company’s stock valued at $33,000 after purchasing an additional 580 shares in the last quarter. Mather Group LLC. bought a new stake in shares of VanEck High Yield Muni ETF during the 3rd quarter worth $35,000. Northwest Capital Management Inc acquired a new stake in VanEck High Yield Muni ETF in the third quarter valued at about $38,000. Centennial Bank AR bought a new position in VanEck High Yield Muni ETF in the third quarter valued at about $46,000. Finally, GoalVest Advisory LLC bought a new position in VanEck High Yield Muni ETF in the second quarter valued at about $95,000.

VanEck High Yield Muni ETF Price Performance

HYD stock opened at $51.29 on Friday. The firm has a 50-day moving average price of $51.18 and a 200-day moving average price of $50.75. VanEck High Yield Muni ETF has a 12 month low of $47.78 and a 12 month high of $52.53.

VanEck High Yield Muni ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.1859 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from VanEck High Yield Muni ETF’s previous monthly 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.