VanEck Short High Yield Muni ETF (BATS:SHYD) to Issue Dividend of $0.05

VanEck Short High Yield Muni ETF (BATS:SHYD) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.0521 per share on Thursday, March 6th. The ex-dividend date of this dividend is Monday, March 3rd.

VanEck Short High Yield Muni ETF Trading Up 1.4 %

Shares of BATS:SHYD traded up $0.33 during midday trading on Friday, hitting $22.85. 48,514 shares of the company’s stock traded hands. The firm has a fifty day moving average price of $22.65 and a two-hundred day moving average price of $22.64.

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.