HighTower Advisors LLC Acquires 2,442 Shares of VanEck Short High Yield Muni ETF $SHYD

HighTower Advisors LLC lifted its holdings in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 11.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,664 shares of the company’s stock after purchasing an additional 2,442 shares during the period. HighTower Advisors LLC owned 0.17% of VanEck Short High Yield Muni ETF worth $532,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Flagship Harbor Advisors LLC boosted its position in shares of VanEck Short High Yield Muni ETF by 3.9% during the 1st quarter. Flagship Harbor Advisors LLC now owns 13,350 shares of the company’s stock valued at $300,000 after purchasing an additional 500 shares in the last quarter. Sowell Financial Services LLC boosted its position in shares of VanEck Short High Yield Muni ETF by 1.4% during the 1st quarter. Sowell Financial Services LLC now owns 43,261 shares of the company’s stock valued at $973,000 after purchasing an additional 609 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of VanEck Short High Yield Muni ETF by 2.9% during the 1st quarter. Concurrent Investment Advisors LLC now owns 31,829 shares of the company’s stock valued at $716,000 after purchasing an additional 900 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of VanEck Short High Yield Muni ETF by 2.0% during the 1st quarter. Cetera Investment Advisers now owns 47,780 shares of the company’s stock valued at $1,075,000 after purchasing an additional 942 shares in the last quarter. Finally, PFG Advisors boosted its position in shares of VanEck Short High Yield Muni ETF by 7.9% during the 1st quarter. PFG Advisors now owns 21,342 shares of the company’s stock valued at $480,000 after purchasing an additional 1,555 shares in the last quarter.

VanEck Short High Yield Muni ETF Stock Performance

Shares of VanEck Short High Yield Muni ETF stock opened at $22.71 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’s 50-day moving average is $22.58 and its 200 day moving average is $22.49.

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.