Concurrent Investment Advisors LLC Acquires 690 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Concurrent Investment Advisors LLC lifted its holdings in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,929 shares of the company’s stock after acquiring an additional 690 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.21% of VanEck Short High Yield Muni ETF worth $695,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Spire Wealth Management bought a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $25,000. Johnson Bixby & Associates LLC bought a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $213,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of VanEck Short High Yield Muni ETF during the third quarter valued at approximately $236,000. Bleakley Financial Group LLC bought a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $243,000. Finally, BCS Wealth Management raised its holdings in shares of VanEck Short High Yield Muni ETF by 15.7% during 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 in the last quarter.

VanEck Short High Yield Muni ETF Stock Up 1.1 %

Shares of VanEck Short High Yield Muni ETF stock opened at $22.78 on Monday. The company’s 50 day simple moving average is $22.62 and its 200 day simple moving average is $22.62.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.0747 dividend. This is a boost from VanEck Short High Yield Muni ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, February 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.