Visionary Wealth Advisors Sells 36,982 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Visionary Wealth Advisors cut its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 64.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,320 shares of the company’s stock after selling 36,982 shares during the period. Visionary Wealth Advisors owned 0.14% of VanEck Short High Yield Muni ETF worth $457,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Spire Wealth Management purchased a new stake in VanEck Short High Yield Muni ETF in the fourth quarter worth about $25,000. Concourse Financial Group Securities Inc. purchased a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $29,000. Duncker Streett & Co. Inc. purchased a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $29,000. Coppell Advisory Solutions LLC lifted its holdings in shares of VanEck Short High Yield Muni ETF by 546.4% during the fourth quarter. Coppell Advisory Solutions LLC now owns 2,353 shares of the company’s stock valued at $53,000 after purchasing an additional 1,989 shares during the last quarter. Finally, Johnson Bixby & Associates LLC purchased a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $213,000.

VanEck Short High Yield Muni ETF Trading Down 0.7%

SHYD stock opened at $22.37 on Wednesday. The firm has a 50 day moving average price of $22.32 and a 200-day moving average price of $22.54. VanEck Short High Yield Muni ETF has a 52-week low of $21.68 and a 52-week high of $23.84.

VanEck Short High Yield Muni ETF Cuts Dividend

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