Allen Capital Group LLC Has $455,000 Stock Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Allen Capital Group LLC reduced its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 22.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,558 shares of the company’s stock after selling 5,886 shares during the quarter. Allen Capital Group LLC’s holdings in VanEck Short High Yield Muni ETF were worth $455,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SHYD. Kades & Cheifetz LLC lifted its position in shares of VanEck Short High Yield Muni ETF by 0.7% during the 3rd quarter. Kades & Cheifetz LLC now owns 88,380 shares of the company’s stock worth $1,911,000 after buying an additional 572 shares during the last quarter. Mariner LLC lifted its position in shares of VanEck Short High Yield Muni ETF by 6.7% during the 3rd quarter. Mariner LLC now owns 9,600 shares of the company’s stock worth $208,000 after buying an additional 600 shares during the last quarter. Stifel Financial Corp lifted its position in shares of VanEck Short High Yield Muni ETF by 5.3% during the 1st quarter. Stifel Financial Corp now owns 12,280 shares of the company’s stock worth $274,000 after buying an additional 620 shares during the last quarter. MBM Wealth Consultants LLC lifted its position in shares of VanEck Short High Yield Muni ETF by 5.0% during the 4th quarter. MBM Wealth Consultants LLC now owns 14,092 shares of the company’s stock worth $312,000 after buying an additional 667 shares during the last quarter. Finally, Advisory Services Network LLC lifted its position in shares of VanEck Short High Yield Muni ETF by 67.1% during the 1st quarter. Advisory Services Network LLC now owns 1,703 shares of the company’s stock worth $38,000 after buying an additional 684 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Down 0.2 %

Shares of SHYD stock opened at $22.11 on Wednesday. The stock’s fifty day simple moving average is $22.24 and its two-hundred day simple moving average is $21.98.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.0663 dividend. The ex-dividend date was Monday, April 1st. This is an increase from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

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.