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 VanEck Short High Yield Muni ETF (BATS:SHYD) by 11.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,958 shares of the company’s stock after selling 1,783 shares during the period. Bryn Mawr Capital Management LLC owned 0.10% of VanEck Short High Yield Muni ETF worth $314,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Dakota Wealth Management increased its position in VanEck Short High Yield Muni ETF by 7.2% in the 4th quarter. Dakota Wealth Management now owns 237,625 shares of the company’s stock worth $5,342,000 after buying an additional 16,011 shares during the period. Wealthspire Advisors LLC bought a new position in VanEck Short High Yield Muni ETF in the 4th quarter worth approximately $1,903,000. Breakwater Capital Group increased its position in VanEck Short High Yield Muni ETF by 5.0% in the 4th quarter. Breakwater Capital Group now owns 76,406 shares of the company’s stock worth $1,718,000 after buying an additional 3,630 shares during the period. Ocean Park Asset Management LLC bought a new position in VanEck Short High Yield Muni ETF in the 4th quarter worth approximately $1,432,000. Finally, Pure Portfolios Holdings LLC increased its position in 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 period.

VanEck Short High Yield Muni ETF Trading Up 1.4 %

Shares of BATS SHYD opened at $22.85 on Friday. The stock has a 50 day simple moving average of $22.64 and a 200 day simple moving average of $22.63.

VanEck Short High Yield Muni ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.0747 dividend. This is an increase 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 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.