Private Advisor Group LLC Invests $399,000 in VanEck Short High Yield Muni ETF (BATS:SHYD)

Private Advisor Group LLC purchased a new position in VanEck Short High Yield Muni ETF (BATS:SHYD) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 17,884 shares of the company’s stock, valued at approximately $399,000. Private Advisor Group LLC owned 0.10% of VanEck Short High Yield Muni ETF at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SHYD. Spire Wealth Management purchased a new stake in shares of VanEck Short High Yield Muni ETF during the 1st quarter valued at approximately $30,000. Global Retirement Partners LLC boosted its position in shares of VanEck Short High Yield Muni ETF by 186.7% in the first quarter. Global Retirement Partners LLC now owns 2,007 shares of the company’s stock valued at $45,000 after acquiring an additional 1,307 shares during the period. Harbour Investments Inc. grew its stake in VanEck Short High Yield Muni ETF by 2,214.4% during the fourth quarter. Harbour Investments Inc. now owns 3,703 shares of the company’s stock valued at $82,000 after acquiring an additional 3,543 shares in the last quarter. Benjamin F. Edwards & Company Inc. bought a new stake in VanEck Short High Yield Muni ETF during the 1st quarter worth approximately $87,000. Finally, Mariner LLC bought a new stake in VanEck Short High Yield Muni ETF during the 4th quarter worth approximately $200,000.

VanEck Short High Yield Muni ETF Trading Down 0.3 %

SHYD stock opened at $22.02 on Monday. The stock has a fifty day moving average of $22.17 and a 200 day moving average of $22.22.

VanEck Short High Yield Muni ETF Announces Dividend

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

VanEck Short High Yield Muni ETF 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.