Wealthspire Advisors LLC Makes New $1.90 Million Investment in VanEck Short High Yield Muni ETF (BATS:SHYD)

Wealthspire Advisors LLC purchased a new position in VanEck Short High Yield Muni ETF (BATS:SHYD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 84,675 shares of the company’s stock, valued at approximately $1,903,000. Wealthspire Advisors LLC owned about 0.59% of VanEck Short High Yield Muni ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Private Advisor Group LLC boosted its position in shares of VanEck Short High Yield Muni ETF by 8.2% during the third quarter. Private Advisor Group LLC now owns 25,521 shares of the company’s stock valued at $580,000 after buying an additional 1,941 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in VanEck Short High Yield Muni ETF during the 3rd quarter valued at $236,000. Jacobson & Schmitt Advisors LLC boosted its holdings in VanEck Short High Yield Muni ETF by 0.9% during the 3rd quarter. Jacobson & Schmitt Advisors LLC now owns 52,885 shares of the company’s stock valued at $1,202,000 after acquiring an additional 470 shares during the period. Concurrent Investment Advisors LLC grew its position in VanEck Short High Yield Muni ETF by 10.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 30,239 shares of the company’s stock valued at $687,000 after acquiring an additional 2,878 shares during the last quarter. Finally, Blake Schutter Theil Wealth Advisors LLC purchased a new stake in VanEck Short High Yield Muni ETF in the third quarter worth $932,000.

VanEck Short High Yield Muni ETF Trading Up 1.2 %

BATS SHYD opened at $22.79 on Tuesday. The business has a 50 day moving average of $22.62 and a 200-day moving average of $22.63.

VanEck Short High Yield Muni ETF Increases Dividend

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

About VanEck Short High Yield Muni ETF

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.