VanEck Vectors High Yield Municipal Index ETF Stock to Reverse Split on Monday, October 29th (HYD)

VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD) shares are going to reverse split on Monday, October 29th. The 1-2 reverse split was announced on Wednesday, October 10th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, October 26th.

Shares of VanEck Vectors High Yield Municipal Index ETF stock opened at $30.42 on Friday. VanEck Vectors High Yield Municipal Index ETF has a 52-week low of $30.26 and a 52-week high of $31.56.

The firm also recently declared a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were issued a $0.1094 dividend. This represents a $1.31 annualized dividend and a yield of 4.32%. The ex-dividend date was Monday, October 1st.

Institutional investors have recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 12.2% in the 2nd quarter. Bank of America Corp DE now owns 11,431,007 shares of the company’s stock worth $359,734,000 after purchasing an additional 1,243,698 shares during the last quarter. Sei Investments Co. grew its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 0.8% in the 2nd quarter. Sei Investments Co. now owns 4,796,866 shares of the company’s stock worth $150,958,000 after purchasing an additional 36,390 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 15.8% in the 2nd quarter. Wells Fargo & Company MN now owns 3,140,041 shares of the company’s stock worth $98,817,000 after purchasing an additional 428,676 shares during the last quarter. Morgan Stanley grew its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 5.5% in the 2nd quarter. Morgan Stanley now owns 1,926,138 shares of the company’s stock worth $60,615,000 after purchasing an additional 100,199 shares during the last quarter. Finally, Private Ocean LLC grew its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 3.8% in the 2nd quarter. Private Ocean LLC now owns 1,471,451 shares of the company’s stock worth $46,307,000 after purchasing an additional 53,487 shares during the last quarter.

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