Bryn Mawr Capital Management LLC Sells 1,783 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Bryn Mawr Capital Management LLC trimmed its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 11.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 13,958 shares of the company’s stock after selling 1,783 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in VanEck Short High Yield Muni ETF were worth $314,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Sanctuary Advisors LLC grew its position in VanEck Short High Yield Muni ETF by 5.3% during the 4th quarter. Sanctuary Advisors LLC now owns 48,974 shares of the company’s stock worth $1,115,000 after acquiring an additional 2,447 shares during the last quarter. Pure Portfolios Holdings LLC grew its position in shares of VanEck Short High Yield Muni ETF by 23.1% in the 4th quarter. Pure Portfolios Holdings LLC now owns 63,184 shares of the company’s stock worth $1,420,000 after buying an additional 11,843 shares during the last quarter. Ocean Park Asset Management LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter worth approximately $1,432,000. Bleakley Financial Group LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter worth approximately $243,000. Finally, Spire Wealth Management bought a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter worth approximately $25,000.

VanEck Short High Yield Muni ETF Stock Performance

Shares of SHYD stock opened at $22.78 on Friday. The stock has a fifty day simple moving average of $22.62 and a 200 day simple moving average of $22.62.

VanEck Short High Yield Muni ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.0747 dividend. This is a positive change 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 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.