Roman Butler Fullerton & Co. Purchases Shares of 17,209 VanEck Short High Yield Muni ETF (BATS:SHYD)

Roman Butler Fullerton & Co. purchased a new stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 17,209 shares of the company’s stock, valued at approximately $384,000. Roman Butler Fullerton & Co. owned about 0.12% of VanEck Short High Yield Muni ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. MBM Wealth Consultants LLC grew its position in VanEck Short High Yield Muni ETF by 5.0% in the fourth quarter. MBM Wealth Consultants LLC now owns 14,092 shares of the company’s stock worth $312,000 after acquiring an additional 667 shares in the last quarter. Dakota Wealth Management increased its position in shares of VanEck Short High Yield Muni ETF by 2.5% during the 4th quarter. Dakota Wealth Management now owns 147,507 shares of the company’s stock valued at $3,264,000 after purchasing an additional 3,652 shares during the last quarter. Foster & Motley Inc. purchased a new position in shares of VanEck Short High Yield Muni ETF during the 4th quarter valued at about $288,000. Bryn Mawr Capital Management LLC bought a new stake in VanEck Short High Yield Muni ETF in the 4th quarter worth approximately $643,000. Finally, McAdam LLC lifted its position in VanEck Short High Yield Muni ETF by 8.1% in the 4th quarter. McAdam LLC now owns 46,653 shares of the company’s stock worth $1,032,000 after buying an additional 3,479 shares during the last quarter.

VanEck Short High Yield Muni ETF Price Performance

BATS SHYD traded down $0.04 on Tuesday, reaching $22.48. 21,447 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $22.35 and a 200-day moving average price of $22.27.

VanEck Short High Yield Muni ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a dividend of $0.0621 per share. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change 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.