Arkadios Wealth Advisors Purchases Shares of 11,750 VanEck Short High Yield Muni ETF (BATS:SHYD)

Arkadios Wealth Advisors acquired a new position in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,750 shares of the company’s stock, valued at approximately $264,000. Arkadios Wealth Advisors owned about 0.08% of VanEck Short High Yield Muni ETF at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SHYD. HighTower Advisors LLC grew its position in VanEck Short High Yield Muni ETF by 2.7% during the 3rd quarter. HighTower Advisors LLC now owns 17,211 shares of the company’s stock worth $391,000 after acquiring an additional 457 shares during the last quarter. Jacobson & Schmitt Advisors LLC boosted its stake in VanEck Short High Yield Muni ETF by 0.9% in the third quarter. Jacobson & Schmitt Advisors LLC now owns 52,885 shares of the company’s stock worth $1,202,000 after purchasing an additional 470 shares in the last quarter. Occidental Asset Management LLC grew its holdings in shares of VanEck Short High Yield Muni ETF by 2.0% during the fourth quarter. Occidental Asset Management LLC now owns 26,944 shares of the company’s stock worth $606,000 after purchasing an additional 525 shares during the last quarter. Truist Financial Corp grew its holdings in shares of VanEck Short High Yield Muni ETF by 0.3% during the second quarter. Truist Financial Corp now owns 174,915 shares of the company’s stock worth $3,913,000 after purchasing an additional 596 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in shares of VanEck Short High Yield Muni ETF by 6.6% in the third quarter. MML Investors Services LLC now owns 12,013 shares of the company’s stock valued at $273,000 after buying an additional 744 shares in the last quarter.

VanEck Short High Yield Muni ETF Stock Performance

Shares of BATS SHYD opened at $22.65 on Friday. The stock’s 50-day moving average is $22.62 and its 200-day moving average is $22.58.

VanEck Short High Yield Muni ETF 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.