Ford Financial Group Inc. Decreases Stock Holdings in VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD)

Ford Financial Group Inc. trimmed its stake in shares of VanEck Vectors High Yield Municipal Index ETF (NYSEARCA:HYD) by 8.5% in the 4th quarter, Holdings Channel reports. The firm owned 4,519 shares of the company’s stock after selling 422 shares during the period. Ford Financial Group Inc.’s holdings in VanEck Vectors High Yield Municipal Index ETF were worth $289,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HYD. FMR LLC raised its holdings in shares of VanEck Vectors High Yield Municipal Index ETF by 1,154.7% during the first quarter. FMR LLC now owns 7,177 shares of the company’s stock valued at $450,000 after purchasing an additional 6,605 shares during the last quarter. First Trust Advisors LP increased its holdings in VanEck Vectors High Yield Municipal Index ETF by 7.3% during the first quarter. First Trust Advisors LP now owns 16,211 shares of the company’s stock valued at $1,018,000 after buying an additional 1,108 shares during the last quarter. Northern Trust Corp purchased a new stake in VanEck Vectors High Yield Municipal Index ETF during the second quarter valued at approximately $319,000. US Bancorp DE increased its holdings in VanEck Vectors High Yield Municipal Index ETF by 27.7% during the second quarter. US Bancorp DE now owns 1,614 shares of the company’s stock valued at $103,000 after buying an additional 350 shares during the last quarter. Finally, BlackRock Inc. increased its holdings in VanEck Vectors High Yield Municipal Index ETF by 26.2% during the second quarter. BlackRock Inc. now owns 480,843 shares of the company’s stock valued at $30,669,000 after buying an additional 99,869 shares during the last quarter.

HYD stock traded up $0.04 during midday trading on Tuesday, reaching $65.26. 26,413 shares of the company’s stock traded hands, compared to its average volume of 751,612. VanEck Vectors High Yield Municipal Index ETF has a 52-week low of $61.15 and a 52-week high of $66.00. The stock’s 50-day moving average is $64.47 and its 200 day moving average is $64.28.

The firm also recently announced a monthly dividend, which was paid on Monday, January 6th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.2202 per share. The ex-dividend date was Monday, December 30th. This represents a $2.64 dividend on an annualized basis and a yield of 4.05%.

In other VanEck Vectors High Yield Municipal Index ETF news, insider Coote Gavin bought 5,000,000 shares of VanEck Vectors High Yield Municipal Index ETF stock in a transaction on Friday, November 8th. The stock was acquired at an average cost of $0.03 per share, with a total value of $135,000.00.

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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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