Brandywine Oak Private Wealth LLC Decreases Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Brandywine Oak Private Wealth LLC lowered its holdings in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 16.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 13,858 shares of the company’s stock after selling 2,756 shares during the quarter. Brandywine Oak Private Wealth LLC’s holdings in VanEck Short High Yield Muni ETF were worth $312,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Spire Wealth Management purchased a new stake in shares of VanEck Short High Yield Muni ETF in the 4th quarter worth about $25,000. Johnson Bixby & Associates LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the fourth quarter worth approximately $213,000. BCS Wealth Management bought a new stake in VanEck Short High Yield Muni ETF in the 3rd quarter worth approximately $223,000. Wealth Enhancement Advisory Services LLC purchased a new stake in VanEck Short High Yield Muni ETF during the 3rd quarter valued at $236,000. Finally, Arkadios Wealth Advisors bought a new position in shares of VanEck Short High Yield Muni ETF during the 4th quarter valued at $264,000.

VanEck Short High Yield Muni ETF Trading Up 0.8 %

SHYD stock opened at $22.70 on Thursday. The business has a 50-day moving average price of $22.63 and a two-hundred day moving average price of $22.60.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a $0.0747 dividend. This is a boost from VanEck Short High Yield Muni ETF’s previous dividend of $0.06. The ex-dividend date of this dividend is Monday, February 3rd.

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.