VanEck Short High Yield Muni ETF (BATS:SHYD) Shares Sold by Allen Capital Group LLC

Allen Capital Group LLC lessened its position in VanEck Short High Yield Muni ETF (BATS:SHYD) by 22.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 20,558 shares of the company’s stock after selling 5,886 shares during the period. Allen Capital Group LLC owned approximately 0.12% of VanEck Short High Yield Muni ETF worth $455,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Kades & Cheifetz LLC lifted its stake in shares of VanEck Short High Yield Muni ETF by 0.7% in the 3rd quarter. Kades & Cheifetz LLC now owns 88,380 shares of the company’s stock worth $1,911,000 after acquiring an additional 572 shares during the period. Mariner LLC lifted its stake in shares of VanEck Short High Yield Muni ETF by 6.7% in the 3rd quarter. Mariner LLC now owns 9,600 shares of the company’s stock worth $208,000 after acquiring an additional 600 shares during the period. Stifel Financial Corp lifted its stake in shares of VanEck Short High Yield Muni ETF by 5.3% in the 1st quarter. Stifel Financial Corp now owns 12,280 shares of the company’s stock worth $274,000 after acquiring an additional 620 shares during the period. MBM Wealth Consultants LLC lifted its stake in shares of VanEck Short High Yield Muni ETF by 5.0% in the 4th quarter. MBM Wealth Consultants LLC now owns 14,092 shares of the company’s stock worth $312,000 after acquiring an additional 667 shares during the period. Finally, Advisory Services Network LLC increased its holdings in shares of VanEck Short High Yield Muni ETF by 67.1% in the 1st quarter. Advisory Services Network LLC now owns 1,703 shares of the company’s stock valued at $38,000 after purchasing an additional 684 shares in the last quarter.

VanEck Short High Yield Muni ETF Stock Down 0.2 %

Shares of SHYD opened at $22.11 on Wednesday. The company has a 50-day moving average of $22.24 and a 200-day moving average of $21.98.

VanEck Short High Yield Muni ETF Increases Dividend

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

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.