Sage Financial Group Inc. Purchases New Shares in VanEck Short High Yield Muni ETF $SHYD

Sage Financial Group Inc. purchased a new stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 60,150 shares of the company’s stock, valued at approximately $1,378,000.

Other hedge funds also recently bought and sold shares of the company. Advisory Services Network LLC bought a new position in VanEck Short High Yield Muni ETF in the 3rd quarter valued at $38,000. AE Wealth Management LLC grew its position in VanEck Short High Yield Muni ETF by 5,697.1% in the 3rd quarter. AE Wealth Management LLC now owns 2,029 shares of the company’s stock valued at $46,000 after acquiring an additional 1,994 shares during the last quarter. Allworth Financial LP grew its position in VanEck Short High Yield Muni ETF by 34.6% in the 3rd quarter. Allworth Financial LP now owns 2,176 shares of the company’s stock valued at $50,000 after acquiring an additional 559 shares during the last quarter. Assetmark Inc. grew its position in VanEck Short High Yield Muni ETF by 158.0% in the 3rd quarter. Assetmark Inc. now owns 2,822 shares of the company’s stock valued at $65,000 after acquiring an additional 1,728 shares during the last quarter. Finally, CWM LLC grew its position in VanEck Short High Yield Muni ETF by 200.6% in the 4th quarter. CWM LLC now owns 4,046 shares of the company’s stock valued at $93,000 after acquiring an additional 2,700 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Up 0.2%

Shares of VanEck Short High Yield Muni ETF stock opened at $22.70 on Friday. The stock’s fifty day moving average is $22.83 and its two-hundred day moving average is $22.86. VanEck Short High Yield Muni ETF has a 52 week low of $21.84 and a 52 week high of $24.03.

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.