10,400 Shares in VanEck Short High Yield Muni ETF (BATS:SHYD) Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC acquired a new stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,400 shares of the company’s stock, valued at approximately $236,000. Wealth Enhancement Advisory Services LLC owned 0.07% of VanEck Short High Yield Muni ETF at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. raised its position in VanEck Short High Yield Muni ETF by 19.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,342,844 shares of the company’s stock worth $30,039,000 after purchasing an additional 221,303 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of VanEck Short High Yield Muni ETF by 20.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 1,248,996 shares of the company’s stock worth $27,940,000 after buying an additional 213,195 shares during the period. Pure Portfolios Holdings LLC bought a new stake in shares of VanEck Short High Yield Muni ETF during the 3rd quarter worth approximately $1,166,000. Sanctuary Advisors LLC purchased a new position in VanEck Short High Yield Muni ETF during the 2nd quarter valued at $982,000. Finally, Cetera Investment Advisers increased its stake in VanEck Short High Yield Muni ETF by 62.2% in the first quarter. Cetera Investment Advisers now owns 83,843 shares of the company’s stock worth $1,879,000 after purchasing an additional 32,150 shares during the period.

VanEck Short High Yield Muni ETF Stock Down 0.1 %

BATS:SHYD opened at $22.62 on Tuesday. The stock’s fifty day simple moving average is $22.65 and its two-hundred day simple moving average is $22.45.

VanEck Short High Yield Muni ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders 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.