RMR Wealth Builders Purchases New Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

RMR Wealth Builders acquired a new position in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 23,049 shares of the company’s stock, valued at approximately $510,000. RMR Wealth Builders owned 0.13% of VanEck Short High Yield Muni ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dakota Wealth Management boosted its holdings in shares of VanEck Short High Yield Muni ETF by 2.5% in 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 in the last quarter. Global Strategic Investment Solutions LLC boosted its stake in VanEck Short High Yield Muni ETF by 8.9% in the fourth quarter. Global Strategic Investment Solutions LLC now owns 341,180 shares of the company’s stock valued at $7,550,000 after buying an additional 27,947 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in VanEck Short High Yield Muni ETF in the third quarter valued at about $508,000. Davidson Investment Advisors acquired a new position in VanEck Short High Yield Muni ETF during the third quarter worth about $70,000. Finally, LPL Financial LLC lifted its holdings in shares of VanEck Short High Yield Muni ETF by 65.6% in the third quarter. LPL Financial LLC now owns 514,680 shares of the company’s stock worth $11,127,000 after acquiring an additional 203,870 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Performance

Shares of BATS SHYD remained flat at $22.40 during mid-day trading on Wednesday. The company had a trading volume of 40,861 shares. The business’s 50 day simple moving average is $22.26 and its two-hundred day simple moving average is $22.05.

VanEck Short High Yield Muni ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.0663 dividend. This is an increase from VanEck Short High Yield Muni ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, April 1st.

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.