VanEck Short High Yield Muni ETF (SHYD) To Go Ex-Dividend on July 1st

VanEck Short High Yield Muni ETF (BATS:SHYD) declared a dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Monday, July 1st will be given a dividend of 0.0621 per share on Friday, July 5th. The ex-dividend date is Monday, July 1st. This is a boost from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

VanEck Short High Yield Muni ETF Price Performance

Shares of VanEck Short High Yield Muni ETF stock remained flat at $22.37 during trading on Friday. 38,616 shares of the stock traded hands. The firm’s 50-day moving average price is $22.26 and its 200 day moving average price is $22.21.

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.