Concurrent Investment Advisors LLC Buys 1,160 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Concurrent Investment Advisors LLC raised its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 4.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,361 shares of the company’s stock after purchasing an additional 1,160 shares during the quarter. Concurrent Investment Advisors LLC owned 0.19% of VanEck Short High Yield Muni ETF worth $612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. CWM LLC bought a new position in shares of VanEck Short High Yield Muni ETF during the 2nd quarter valued at about $30,000. Mather Group LLC. bought a new position in VanEck Short High Yield Muni ETF during the first quarter valued at approximately $111,000. Clear Rock Advisors LLC bought a new position in VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $225,000. Mesirow Financial Investment Management Inc. purchased a new position in shares of VanEck Short High Yield Muni ETF during the first quarter worth approximately $233,000. Finally, Pineridge Advisors LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter worth approximately $235,000.

VanEck Short High Yield Muni ETF Price Performance

Shares of VanEck Short High Yield Muni ETF stock opened at $22.55 on Tuesday. The firm has a 50-day simple moving average of $22.41 and a two-hundred day simple moving average of $22.31.

VanEck Short High Yield Muni ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be paid a dividend of $0.0585 per share. The ex-dividend date of this dividend is Tuesday, September 3rd.

About VanEck Short High Yield Muni ETF

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.