Jones Financial Companies Lllp Purchases 6,413 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Jones Financial Companies Lllp lifted its position in VanEck Short High Yield Muni ETF (BATS:SHYD) by 29.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,857 shares of the company’s stock after acquiring an additional 6,413 shares during the quarter. Jones Financial Companies Lllp’s holdings in VanEck Short High Yield Muni ETF were worth $626,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Arkadios Wealth Advisors purchased a new stake in VanEck Short High Yield Muni ETF in the 4th quarter worth about $264,000. HighTower Advisors LLC raised its holdings in shares of VanEck Short High Yield Muni ETF by 2.7% in the third quarter. HighTower Advisors LLC now owns 17,211 shares of the company’s stock worth $391,000 after buying an additional 457 shares during the period. Stifel Financial Corp lifted its stake in shares of VanEck Short High Yield Muni ETF by 39.6% during the 3rd quarter. Stifel Financial Corp now owns 25,513 shares of the company’s stock worth $580,000 after acquiring an additional 7,238 shares during the last quarter. MML Investors Services LLC boosted its holdings in VanEck Short High Yield Muni ETF by 6.6% during the 3rd quarter. MML Investors Services LLC now owns 12,013 shares of the company’s stock valued at $273,000 after acquiring an additional 744 shares during the period. Finally, Pure Portfolios Holdings LLC boosted its holdings in VanEck Short High Yield Muni ETF by 23.1% during the 4th quarter. Pure Portfolios Holdings LLC now owns 63,184 shares of the company’s stock valued at $1,420,000 after acquiring an additional 11,843 shares during the period.

VanEck Short High Yield Muni ETF Stock Performance

SHYD stock opened at $22.70 on Monday. The stock has a fifty day simple moving average of $22.66 and a two-hundred day simple moving average of $22.65.

VanEck Short High Yield Muni ETF Cuts Dividend

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

VanEck Short High Yield Muni ETF Company 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.