Tortoise Investment Management LLC Has $440,000 Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Tortoise Investment Management LLC lessened its holdings in VanEck Short High Yield Muni ETF (BATS:SHYD) by 6.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,665 shares of the company’s stock after selling 1,302 shares during the period. Tortoise Investment Management LLC’s holdings in VanEck Short High Yield Muni ETF were worth $440,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC grew its holdings in VanEck Short High Yield Muni ETF by 2.4% during the 1st quarter. Private Advisor Group LLC now owns 21,409 shares of the company’s stock worth $480,000 after acquiring an additional 499 shares during the period. Avantax Advisory Services Inc. increased its holdings in VanEck Short High Yield Muni ETF by 6.4% in the first quarter. Avantax Advisory Services Inc. now owns 11,111 shares of the company’s stock worth $249,000 after purchasing an additional 669 shares in the last quarter. Stephens Inc. AR boosted its holdings in shares of VanEck Short High Yield Muni ETF by 1.2% during the 4th quarter. Stephens Inc. AR now owns 65,353 shares of the company’s stock worth $1,446,000 after buying an additional 771 shares in the last quarter. Kingsview Wealth Management LLC increased its stake in shares of VanEck Short High Yield Muni ETF by 6.0% in the 4th quarter. Kingsview Wealth Management LLC now owns 14,224 shares of the company’s stock valued at $315,000 after acquiring an additional 805 shares in the last quarter. Finally, 1620 Investment Advisors Inc. lifted its position in shares of VanEck Short High Yield Muni ETF by 9.1% during the 4th quarter. 1620 Investment Advisors Inc. now owns 11,585 shares of the company’s stock valued at $256,000 after acquiring an additional 970 shares during the period.

VanEck Short High Yield Muni ETF Stock Up 0.2 %

BATS:SHYD opened at $22.54 on Wednesday. The business has a 50 day moving average of $22.41 and a two-hundred day moving average of $22.31.

VanEck Short High Yield Muni ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be paid a $0.0585 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd.

VanEck Short High Yield Muni ETF Company 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.