Pure Financial Advisors LLC Buys 45,557 Shares of VanEck Short High Yield Muni ETF $SHYD

Pure Financial Advisors LLC boosted its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 395.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,081 shares of the company’s stock after buying an additional 45,557 shares during the quarter. Pure Financial Advisors LLC owned approximately 0.39% of VanEck Short High Yield Muni ETF worth $1,307,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its stake in shares of VanEck Short High Yield Muni ETF by 3,068.9% in the first quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock worth $19,854,000 after acquiring an additional 854,914 shares during the period. Bank of America Corp DE raised its holdings in VanEck Short High Yield Muni ETF by 12.4% during the 2nd quarter. Bank of America Corp DE now owns 551,038 shares of the company’s stock worth $12,447,000 after purchasing an additional 60,845 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of VanEck Short High Yield Muni ETF by 213.1% in the 2nd quarter. Raymond James Financial Inc. now owns 326,235 shares of the company’s stock worth $7,369,000 after purchasing an additional 222,045 shares during the period. Fragasso Financial Advisors Inc boosted its stake in shares of VanEck Short High Yield Muni ETF by 62.8% in the 2nd quarter. Fragasso Financial Advisors Inc now owns 324,678 shares of the company’s stock valued at $7,334,000 after purchasing an additional 125,221 shares during the last quarter. Finally, Dakota Wealth Management increased its position in shares of VanEck Short High Yield Muni ETF by 9.8% during the second quarter. Dakota Wealth Management now owns 285,160 shares of the company’s stock worth $6,442,000 after buying an additional 25,381 shares during the period.

VanEck Short High Yield Muni ETF Stock Performance

SHYD stock opened at $22.89 on Wednesday. VanEck Short High Yield Muni ETF has a 12-month low of $21.68 and a 12-month high of $23.84. The company’s fifty day simple moving average is $22.84 and its 200 day simple moving average is $22.74.

VanEck Short High Yield Muni ETF 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.