VanEck Short High Yield Muni ETF (BATS:SHYD) Shares Purchased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. raised its holdings in VanEck Short High Yield Muni ETF (BATS:SHYD) by 38.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,963 shares of the company’s stock after purchasing an additional 4,420 shares during the period. Avantax Advisory Services Inc. owned about 0.11% of VanEck Short High Yield Muni ETF worth $359,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Wells Fargo & Company MN increased its stake in shares of VanEck Short High Yield Muni ETF by 38.7% in the fourth quarter. Wells Fargo & Company MN now owns 988,065 shares of the company’s stock worth $22,212,000 after buying an additional 275,522 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of VanEck Short High Yield Muni ETF by 4.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,473,244 shares of the company’s stock worth $33,119,000 after purchasing an additional 59,016 shares during the last quarter. Cerity Partners LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter worth about $352,000. Raymond James Financial Inc. acquired a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter valued at about $2,485,000. Finally, Mariner LLC lifted its position in shares of VanEck Short High Yield Muni ETF by 226.9% during the fourth quarter. Mariner LLC now owns 29,419 shares of the company’s stock worth $661,000 after purchasing an additional 20,419 shares during the last quarter.

VanEck Short High Yield Muni ETF Trading Up 1.0%

BATS:SHYD opened at $22.62 on Friday. VanEck Short High Yield Muni ETF has a one year low of $21.68 and a one year high of $23.84. The stock has a 50-day simple moving average of $22.52 and a 200 day simple moving average of $22.49.

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.