Q3 Asset Management Takes $4.53 Million Position in VanEck Vectors High Yield Municipal Index ETF (HYD)

Q3 Asset Management bought a new position in shares of VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD) during the 2nd quarter, HoldingsChannel reports. The firm bought 143,848 shares of the company’s stock, valued at approximately $4,526,000. VanEck Vectors High Yield Municipal Index ETF makes up 5.0% of Q3 Asset Management’s investment portfolio, making the stock its 8th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Trilogy Capital Inc. acquired a new position in VanEck Vectors High Yield Municipal Index ETF during the first quarter worth about $106,000. Legacy Financial Advisors Inc. acquired a new position in VanEck Vectors High Yield Municipal Index ETF during the second quarter worth about $161,000. MUFG Americas Holdings Corp grew its position in VanEck Vectors High Yield Municipal Index ETF by 1,040.0% during the first quarter. MUFG Americas Holdings Corp now owns 5,700 shares of the company’s stock worth $177,000 after buying an additional 5,200 shares during the period. JPMorgan Chase & Co. grew its position in VanEck Vectors High Yield Municipal Index ETF by 25.6% during the first quarter. JPMorgan Chase & Co. now owns 8,365 shares of the company’s stock worth $259,000 after buying an additional 1,706 shares during the period. Finally, Quad Cities Investment Group LLC acquired a new position in VanEck Vectors High Yield Municipal Index ETF during the first quarter worth about $276,000.

Shares of VanEck Vectors High Yield Municipal Index ETF opened at $31.40 on Friday, according to MarketBeat Ratings. VanEck Vectors High Yield Municipal Index ETF has a twelve month low of $30.60 and a twelve month high of $31.51.

The business also recently announced a monthly dividend, which was paid on Tuesday, August 7th. Shareholders of record on Thursday, August 2nd were given a dividend of $0.1165 per share. This is a positive change from VanEck Vectors High Yield Municipal Index ETF’s previous monthly dividend of $0.10. This represents a $1.40 annualized dividend and a yield of 4.45%. The ex-dividend date was Wednesday, August 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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