VanEck Vectors High Yield Municipal Index ETF (HYD) Position Lessened by IFG Advisory LLC

IFG Advisory LLC lowered its position in shares of VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD) by 8.8% in the first quarter, HoldingsChannel reports. The firm owned 27,620 shares of the company’s stock after selling 2,650 shares during the period. IFG Advisory LLC’s holdings in VanEck Vectors High Yield Municipal Index ETF were worth $671,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Private Ocean LLC increased its position in shares of VanEck Vectors High Yield Municipal Index ETF by 33.6% during the 1st quarter. Private Ocean LLC now owns 1,019,656 shares of the company’s stock worth $64,004,000 after purchasing an additional 256,670 shares in the last quarter. PFS Investments Inc. increased its position in shares of VanEck Vectors High Yield Municipal Index ETF by 57.2% during the 1st quarter. PFS Investments Inc. now owns 114,279 shares of the company’s stock worth $7,173,000 after purchasing an additional 41,565 shares in the last quarter. IndexIQ Advisors LLC increased its position in shares of VanEck Vectors High Yield Municipal Index ETF by 35.2% during the 1st quarter. IndexIQ Advisors LLC now owns 101,621 shares of the company’s stock worth $6,378,000 after purchasing an additional 26,477 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of VanEck Vectors High Yield Municipal Index ETF by 29.3% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 82,493 shares of the company’s stock worth $5,178,000 after purchasing an additional 18,681 shares in the last quarter. Finally, Wilbanks Smith & Thomas Asset Management LLC acquired a new stake in shares of VanEck Vectors High Yield Municipal Index ETF during the 4th quarter worth about $4,910,000.

Shares of VanEck Vectors High Yield Municipal Index ETF stock opened at $63.45 on Friday. VanEck Vectors High Yield Municipal Index ETF has a 12-month low of $60.27 and a 12-month high of $63.41.

The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a dividend of $0.2179 per share. This represents a $2.61 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date was Wednesday, May 1st.

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Want to see what other hedge funds are holding HYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD).

Institutional Ownership by Quarter for VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD)

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