Fifth Third Securities Inc. Purchases Shares of 37,484 VanEck Short High Yield Muni ETF $SHYD

Fifth Third Securities Inc. purchased a new stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 37,484 shares of the company’s stock, valued at approximately $859,000. Fifth Third Securities Inc. owned approximately 0.25% of VanEck Short High Yield Muni ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in VanEck Short High Yield Muni ETF during the 3rd quarter valued at $38,000. AE Wealth Management LLC boosted its stake in VanEck Short High Yield Muni ETF by 5,697.1% during the 3rd quarter. AE Wealth Management LLC now owns 2,029 shares of the company’s stock valued at $46,000 after purchasing an additional 1,994 shares in the last quarter. Allworth Financial LP boosted its stake in VanEck Short High Yield Muni ETF by 34.6% during the 3rd quarter. Allworth Financial LP now owns 2,176 shares of the company’s stock valued at $50,000 after purchasing an additional 559 shares in the last quarter. Assetmark Inc. lifted its position in shares of VanEck Short High Yield Muni ETF by 158.0% during the 3rd quarter. Assetmark Inc. now owns 2,822 shares of the company’s stock valued at $65,000 after acquiring an additional 1,728 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of VanEck Short High Yield Muni ETF by 552.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,222 shares of the company’s stock valued at $120,000 after acquiring an additional 4,422 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Performance

Shares of BATS:SHYD opened at $22.69 on Monday. VanEck Short High Yield Muni ETF has a one year low of $21.68 and a one year high of $24.03. The stock has a fifty day moving average of $22.86 and a 200-day moving average of $22.87.

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.