Bleakley Financial Group LLC Takes Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Bleakley Financial Group LLC purchased a new stake in VanEck Short High Yield Muni ETF (BATS:SHYD) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,816 shares of the company’s stock, valued at approximately $243,000. Bleakley Financial Group LLC owned 0.08% of VanEck Short High Yield Muni ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Spire Wealth Management bought a new stake in VanEck Short High Yield Muni ETF during the 4th quarter worth about $25,000. Johnson Bixby & Associates LLC bought a new position in VanEck Short High Yield Muni ETF in the fourth quarter valued at approximately $213,000. BCS Wealth Management acquired a new position in shares of VanEck Short High Yield Muni ETF during the 3rd quarter worth approximately $223,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of VanEck Short High Yield Muni ETF during the 3rd quarter worth approximately $236,000. Finally, Arkadios Wealth Advisors bought a new position in shares of VanEck Short High Yield Muni ETF in the fourth quarter valued at $264,000.

VanEck Short High Yield Muni ETF Trading Up 0.5 %

SHYD opened at $22.64 on Thursday. The firm has a fifty day simple moving average of $22.62 and a two-hundred day simple moving average of $22.61.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.0747 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

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.