Foster & Motley Inc. Invests $288,000 in VanEck Short High Yield Muni ETF (BATS:SHYD)

Foster & Motley Inc. purchased a new position in VanEck Short High Yield Muni ETF (BATS:SHYD) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 13,030 shares of the company’s stock, valued at approximately $288,000. Foster & Motley Inc. owned about 0.07% of VanEck Short High Yield Muni ETF at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Private Trust Co. NA raised its position in VanEck Short High Yield Muni ETF by 270.6% in the 3rd quarter. Private Trust Co. NA now owns 1,853 shares of the company’s stock worth $40,000 after buying an additional 1,353 shares during the last quarter. Global Retirement Partners LLC raised its position in VanEck Short High Yield Muni ETF by 52.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,991 shares of the company’s stock worth $44,000 after buying an additional 689 shares during the last quarter. Davidson Investment Advisors purchased a new position in VanEck Short High Yield Muni ETF in the 3rd quarter worth about $70,000. BCS Wealth Management purchased a new position in VanEck Short High Yield Muni ETF in the 4th quarter worth about $208,000. Finally, FC Advisory LLC purchased a new position in VanEck Short High Yield Muni ETF in the 4th quarter worth about $264,000.

VanEck Short High Yield Muni ETF Stock Down 0.0 %

VanEck Short High Yield Muni ETF stock opened at $22.17 on Thursday. The company’s 50-day moving average price is $22.24 and its 200-day moving average price is $22.00.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.0663 per share. This is an increase 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.