VanEck Short High Yield Muni ETF (BATS:SHYD) Shares Purchased by LPL Financial LLC

LPL Financial LLC grew its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 18.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 339,397 shares of the company’s stock after purchasing an additional 53,149 shares during the quarter. LPL Financial LLC owned approximately 1.87% of VanEck Short High Yield Muni ETF worth $7,565,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in VanEck Short High Yield Muni ETF by 8.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 626,674 shares of the company’s stock worth $13,956,000 after purchasing an additional 48,605 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in VanEck Short High Yield Muni ETF by 67.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 53,274 shares of the company’s stock worth $1,186,000 after acquiring an additional 21,396 shares during the last quarter. Dakota Wealth Management grew its stake in VanEck Short High Yield Muni ETF by 104.5% during the 4th quarter. Dakota Wealth Management now owns 120,631 shares of the company’s stock valued at $2,686,000 after acquiring an additional 61,641 shares in the last quarter. Capital Analysts LLC raised its holdings in VanEck Short High Yield Muni ETF by 3.9% in the 4th quarter. Capital Analysts LLC now owns 312,507 shares of the company’s stock valued at $6,960,000 after acquiring an additional 11,778 shares during the last quarter. Finally, UBS Group AG lifted its stake in VanEck Short High Yield Muni ETF by 8.5% in the 4th quarter. UBS Group AG now owns 219,719 shares of the company’s stock worth $4,893,000 after purchasing an additional 17,288 shares in the last quarter.

VanEck Short High Yield Muni ETF Stock Up 0.3 %

SHYD stock opened at $22.06 on Wednesday. The firm has a 50-day moving average of $22.17 and a 200 day moving average of $22.23.

VanEck Short High Yield Muni ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, July 7th. Shareholders of record on Wednesday, July 5th were issued a $0.053 dividend. The ex-dividend date was Monday, July 3rd.

VanEck Short High Yield Muni ETF Company Profile

The VanEck Short High Yield Muni ETF (SHYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted US bond index composed of high-yield municipal bonds with 1-12 years remaining in maturity. SHYD was launched on Jan 13, 2014 and is managed by VanEck.