Hamilton Wealth LLC Sells 25,709 Shares of VanEck Short High Yield Muni ETF $SHYD

Hamilton Wealth LLC decreased its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 25.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,269 shares of the company’s stock after selling 25,709 shares during the quarter. Hamilton Wealth LLC’s holdings in VanEck Short High Yield Muni ETF were worth $1,728,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Advisory Services Network LLC purchased a new stake in shares of VanEck Short High Yield Muni ETF in the third quarter worth $38,000. Allworth Financial LP raised its position in shares of VanEck Short High Yield Muni ETF by 34.6% in the 3rd quarter. Allworth Financial LP now owns 2,176 shares of the company’s stock worth $50,000 after purchasing an additional 559 shares during the last quarter. CWM LLC raised its position in shares of VanEck Short High Yield Muni ETF by 200.6% in the 4th quarter. CWM LLC now owns 4,046 shares of the company’s stock worth $93,000 after purchasing an additional 2,700 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in VanEck Short High Yield Muni ETF by 103.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,310 shares of the company’s stock worth $120,000 after purchasing an additional 2,699 shares in the last quarter. Finally, Blueline Advisors LLC bought a new position in VanEck Short High Yield Muni ETF in the 4th quarter worth about $131,000.

VanEck Short High Yield Muni ETF Price Performance

Shares of SHYD stock opened at $22.70 on Thursday. VanEck Short High Yield Muni ETF has a one year low of $22.40 and a one year high of $24.03. The company’s 50-day moving average is $22.77 and its 200 day moving average is $22.82.

About VanEck Short High Yield Muni ETF

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.