HighTower Advisors LLC Purchases 4,011 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

HighTower Advisors LLC increased its position in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 23.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,222 shares of the company’s stock after purchasing an additional 4,011 shares during the period. HighTower Advisors LLC owned about 0.15% of VanEck Short High Yield Muni ETF worth $477,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SHYD. Occidental Asset Management LLC increased its holdings in VanEck Short High Yield Muni ETF by 2.0% in the 4th quarter. Occidental Asset Management LLC now owns 26,944 shares of the company’s stock valued at $606,000 after buying an additional 525 shares during the period. Concurrent Investment Advisors LLC lifted its stake in VanEck Short High Yield Muni ETF by 2.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 30,929 shares of the company’s stock worth $695,000 after purchasing an additional 690 shares during the period. MML Investors Services LLC boosted its holdings in VanEck Short High Yield Muni ETF by 6.6% during the third quarter. MML Investors Services LLC now owns 12,013 shares of the company’s stock valued at $273,000 after purchasing an additional 744 shares in the last quarter. Spire Wealth Management acquired a new stake in VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $25,000. Finally, Duncker Streett & Co. Inc. bought a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter valued at approximately $29,000.

VanEck Short High Yield Muni ETF Stock Performance

VanEck Short High Yield Muni ETF stock opened at $22.64 on Monday. The business has a 50 day simple moving average of $22.70 and a 200 day simple moving average of $22.66. VanEck Short High Yield Muni ETF has a one year low of $22.05 and a one year high of $23.84.

VanEck Short High Yield Muni ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.0521 per share. The ex-dividend date was Monday, March 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.