VanEck Short High Yield Muni ETF (SHYD) to Issue Dividend of $0.07 on February 6th

VanEck Short High Yield Muni ETF (BATS:SHYD) declared a dividend on Friday, January 31st,NASDAQ Dividends reports. Shareholders of record on Monday, February 3rd will be paid a dividend of 0.0747 per share on Thursday, February 6th. The ex-dividend date is Monday, February 3rd. 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 traded up $0.21 during mid-day trading on Friday, hitting $22.73. The stock had a trading volume of 48,514 shares. The firm’s 50-day simple moving average is $22.63 and its 200-day simple moving average is $22.59.

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.