McAdam LLC Reduces Stock Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Posted by Stephan Jacobs on Feb 3rd, 2025

McAdam LLC cut its holdings in VanEck Short High Yield Muni ETF (BATS:SHYD – Free Report) by 8.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,428 shares of the company’s stock after selling 2,838 shares during the period. McAdam LLC owned about 0.22% of VanEck Short High Yield Muni ETF worth $707,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SHYD. Spire Wealth Management acquired a new stake in VanEck Short High Yield Muni ETF during the 4th quarter valued at $25,000. DAVENPORT & Co LLC boosted its stake in shares of VanEck Short High Yield Muni ETF by 20.1% during the fourth quarter. DAVENPORT & Co LLC now owns 26,999 shares of the company’s stock valued at $607,000 after acquiring an additional 4,523 shares during the last quarter. Allen Capital Group LLC boosted its stake in shares of VanEck Short High Yield Muni ETF by 37.7% during the fourth quarter. Allen Capital Group LLC now owns 25,201 shares of the company’s stock valued at $567,000 after acquiring an additional 6,893 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in VanEck Short High Yield Muni ETF during the 4th quarter worth about $289,000. Finally, Johnson Bixby & Associates LLC acquired a new position in VanEck Short High Yield Muni ETF in the 4th quarter valued at about $213,000.

VanEck Short High Yield Muni ETF Stock Performance

VanEck Short High Yield Muni ETF stock opened at $22.73 on Monday. The business’s 50-day moving average price is $22.63 and its 200-day moving average price is $22.60.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be given a dividend of $0.0747 per share. The ex-dividend date is Monday, February 3rd. This is a positive change from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

VanEck Short High Yield Muni ETF Profile

(Free Report)

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.