PFG Advisors Has $445,000 Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

PFG Advisors grew its holdings in VanEck Short High Yield Muni ETF (BATS:SHYD) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,787 shares of the company’s stock after acquiring an additional 456 shares during the quarter. PFG Advisors owned 0.14% of VanEck Short High Yield Muni ETF worth $445,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Spire Wealth Management bought a new stake in shares of VanEck Short High Yield Muni ETF in the fourth quarter valued at about $25,000. Duncker Streett & Co. Inc. bought a new stake in shares of VanEck Short High Yield Muni ETF in the fourth quarter valued at about $29,000. Johnson Bixby & Associates LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the fourth quarter valued at about $213,000. Bleakley Financial Group LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the fourth quarter valued at about $243,000. Finally, BCS Wealth Management boosted its position in shares of VanEck Short High Yield Muni ETF by 15.7% in the fourth quarter. BCS Wealth Management now owns 11,383 shares of the company’s stock valued at $256,000 after acquiring an additional 1,548 shares during the period.

VanEck Short High Yield Muni ETF Price Performance

Shares of VanEck Short High Yield Muni ETF stock opened at $22.64 on Friday. VanEck Short High Yield Muni ETF has a 52-week low of $22.05 and a 52-week high of $23.84. The firm has a 50-day moving average of $22.67 and a 200-day moving average of $22.65.

VanEck Short High Yield Muni ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.0521 dividend. The ex-dividend date was Monday, March 3rd.

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.