VanEck Short High Yield Muni ETF (BATS:SHYD) Shares Purchased by StrategIQ Financial Group LLC

StrategIQ Financial Group LLC raised its position in VanEck Short High Yield Muni ETF (BATS:SHYDFree Report) by 28.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,421 shares of the company’s stock after buying an additional 6,939 shares during the quarter. StrategIQ Financial Group LLC owned approximately 0.18% of VanEck Short High Yield Muni ETF worth $695,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Morgan Stanley grew its stake in shares of VanEck Short High Yield Muni ETF by 0.8% in the 3rd quarter. Morgan Stanley now owns 907,377 shares of the company’s stock valued at $19,618,000 after purchasing an additional 7,011 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in VanEck Short High Yield Muni ETF by 10.0% during the third quarter. Envestnet Asset Management Inc. now owns 856,244 shares of the company’s stock worth $18,512,000 after buying an additional 77,923 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in VanEck Short High Yield Muni ETF by 25.6% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 767,993 shares of the company’s stock valued at $16,604,000 after purchasing an additional 156,344 shares in the last quarter. Bank of America Corp DE boosted its position in shares of VanEck Short High Yield Muni ETF by 2.2% in the first quarter. Bank of America Corp DE now owns 525,334 shares of the company’s stock worth $11,710,000 after buying an additional 11,282 shares during the period. Finally, LPL Financial LLC grew its position in VanEck Short High Yield Muni ETF by 65.6% in the third quarter. LPL Financial LLC now owns 514,680 shares of the company’s stock valued at $11,127,000 after acquiring an additional 203,870 shares in the last quarter.

VanEck Short High Yield Muni ETF Stock Performance

Shares of BATS SHYD traded down $0.09 during midday trading on Wednesday, reaching $22.23. 63,016 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $22.22 and its two-hundred day moving average price is $21.95.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd will be paid a dividend of $0.0663 per share. This is a positive change from VanEck Short High Yield Muni ETF’s previous dividend of $0.06. The ex-dividend date of this dividend is Monday, April 1st.

About VanEck Short High Yield Muni ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Short High Yield Muni ETF (BATS:SHYD)

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