Truist Financial Corp Has $3.74 Million Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Truist Financial Corp cut its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,930 shares of the company’s stock after selling 8,773 shares during the period. Truist Financial Corp’s holdings in VanEck Short High Yield Muni ETF were worth $3,738,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in shares of VanEck Short High Yield Muni ETF by 10.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 856,244 shares of the company’s stock worth $18,512,000 after acquiring an additional 77,923 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in VanEck Short High Yield Muni ETF by 25.6% during the third quarter. Mercer Global Advisors Inc. ADV now owns 767,993 shares of the company’s stock worth $16,604,000 after purchasing an additional 156,344 shares during the last quarter. LPL Financial LLC lifted its stake in VanEck Short High Yield Muni ETF by 65.6% during the third quarter. LPL Financial LLC now owns 514,680 shares of the company’s stock worth $11,127,000 after purchasing an additional 203,870 shares during the last quarter. Fragasso Group Inc. acquired a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter valued at $9,506,000. Finally, Global Strategic Investment Solutions LLC increased its stake in shares of VanEck Short High Yield Muni ETF by 8.9% in the 4th quarter. Global Strategic Investment Solutions LLC now owns 341,180 shares of the company’s stock valued at $7,550,000 after purchasing an additional 27,947 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Down 0.0 %

VanEck Short High Yield Muni ETF stock opened at $22.30 on Tuesday. The stock’s 50 day simple moving average is $22.25 and its two-hundred day simple moving average is $22.04.

VanEck Short High Yield Muni ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.0663 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

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.