Dakota Wealth Management Raises Stake in VanEck Short High Yield Muni ETF $SHYD

Dakota Wealth Management increased its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 9.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 285,160 shares of the company’s stock after buying an additional 25,381 shares during the quarter. Dakota Wealth Management owned 1.93% of VanEck Short High Yield Muni ETF worth $6,442,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. boosted its holdings in shares of VanEck Short High Yield Muni ETF by 103,400.0% in the 1st quarter. NBC Securities Inc. now owns 2,070 shares of the company’s stock worth $46,000 after buying an additional 2,068 shares during the last quarter. Mather Group LLC. bought a new stake in shares of VanEck Short High Yield Muni ETF during the first quarter valued at about $69,000. Capital Analysts LLC increased its position in shares of VanEck Short High Yield Muni ETF by 230.9% during the first quarter. Capital Analysts LLC now owns 4,818 shares of the company’s stock valued at $108,000 after buying an additional 3,362 shares during the period. Cross Staff Investments Inc bought a new stake in shares of VanEck Short High Yield Muni ETF during the first quarter valued at about $196,000. Finally, Penobscot Wealth Management bought a new stake in shares of VanEck Short High Yield Muni ETF during the first quarter valued at about $201,000.

VanEck Short High Yield Muni ETF Stock Performance

SHYD stock opened at $22.93 on Friday. The company’s 50 day moving average is $22.70 and its 200 day moving average is $22.51. VanEck Short High Yield Muni ETF has a 1-year low of $21.68 and a 1-year high of $23.84.

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.