Coppell Advisory Solutions LLC Buys 1,989 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Coppell Advisory Solutions LLC boosted its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 546.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,353 shares of the company’s stock after purchasing an additional 1,989 shares during the period. Coppell Advisory Solutions LLC’s holdings in VanEck Short High Yield Muni ETF were worth $53,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. OneDigital Investment Advisors LLC raised its holdings in VanEck Short High Yield Muni ETF by 13.2% during the 4th quarter. OneDigital Investment Advisors LLC now owns 29,396 shares of the company’s stock valued at $661,000 after buying an additional 3,432 shares during the last quarter. Concourse Financial Group Securities Inc. purchased a new stake in shares of VanEck Short High Yield Muni ETF during the fourth quarter worth about $29,000. Mariner LLC grew its stake in shares of VanEck Short High Yield Muni ETF by 226.9% in the fourth quarter. Mariner LLC now owns 29,419 shares of the company’s stock worth $661,000 after purchasing an additional 20,419 shares during the last quarter. Raymond James Financial Inc. purchased a new position in VanEck Short High Yield Muni ETF during the 4th quarter valued at about $2,485,000. Finally, Cerity Partners LLC bought a new position in VanEck Short High Yield Muni ETF during the 4th quarter valued at approximately $352,000.

VanEck Short High Yield Muni ETF Trading Down 1.7 %

Shares of SHYD stock opened at $22.14 on Friday. VanEck Short High Yield Muni ETF has a fifty-two week low of $21.68 and a fifty-two week high of $23.84. The business’s 50 day moving average price is $22.47 and its 200-day moving average price is $22.59.

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 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.