Mercer Global Advisors Inc. ADV Has $27.94 Million Stock Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Mercer Global Advisors Inc. ADV raised its position in VanEck Short High Yield Muni ETF (BATS:SHYD) by 20.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,248,996 shares of the company’s stock after purchasing an additional 213,195 shares during the period. Mercer Global Advisors Inc. ADV owned 8.67% of VanEck Short High Yield Muni ETF worth $27,940,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CWM LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 2nd quarter worth approximately $30,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 2nd quarter worth approximately $45,000. Mather Group LLC. acquired a new position in shares of VanEck Short High Yield Muni ETF during the 1st quarter valued at $111,000. Clear Rock Advisors LLC acquired a new position in shares of VanEck Short High Yield Muni ETF during the 4th quarter valued at $225,000. Finally, Mesirow Financial Investment Management Inc. acquired a new position in shares of VanEck Short High Yield Muni ETF during the 1st quarter valued at $233,000.

VanEck Short High Yield Muni ETF Stock Performance

VanEck Short High Yield Muni ETF stock opened at $22.60 on Thursday. The company’s 50-day moving average is $22.47 and its two-hundred day moving average is $22.34.

VanEck Short High Yield Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.0585 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.