Envestnet Asset Management Inc. Has $30.04 Million Stock Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Envestnet Asset Management Inc. boosted its holdings in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 19.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,342,844 shares of the company’s stock after acquiring an additional 221,303 shares during the period. Envestnet Asset Management Inc. owned 9.33% of VanEck Short High Yield Muni ETF worth $30,039,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 2nd quarter valued at $45,000. First Foundation Advisors grew its holdings in shares of VanEck Short High Yield Muni ETF by 1.6% in the 2nd quarter. First Foundation Advisors now owns 140,933 shares of the company’s stock valued at $3,153,000 after buying an additional 2,259 shares during the period. Private Advisor Group LLC grew its holdings in shares of VanEck Short High Yield Muni ETF by 10.1% in the 2nd quarter. Private Advisor Group LLC now owns 23,580 shares of the company’s stock valued at $527,000 after buying an additional 2,171 shares during the period. Willis Johnson & Associates Inc. grew its holdings in shares of VanEck Short High Yield Muni ETF by 1.6% in the 2nd quarter. Willis Johnson & Associates Inc. now owns 112,195 shares of the company’s stock valued at $2,510,000 after buying an additional 1,762 shares during the period. Finally, Cascade Financial Partners LLC grew its holdings in shares of VanEck Short High Yield Muni ETF by 5.0% in the 2nd quarter. Cascade Financial Partners LLC now owns 39,837 shares of the company’s stock valued at $891,000 after buying an additional 1,900 shares during the period.

VanEck Short High Yield Muni ETF Price Performance

Shares of SHYD stock opened at $22.64 on Friday. The company has a 50-day moving average price of $22.48 and a two-hundred day moving average price of $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 paid a $0.0585 dividend. 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.