Pineridge Advisors LLC Has $99,000 Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Posted by Nicole Kennedy on Feb 11th, 2025

Pineridge Advisors LLC decreased its holdings in shares of VanEck Short High Yield Muni ETF (BATS:SHYD – Free Report) by 42.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,397 shares of the company’s stock after selling 3,301 shares during the quarter. Pineridge Advisors LLC’s holdings in VanEck Short High Yield Muni ETF were worth $99,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Ocean Park Asset Management LLC bought a new stake in VanEck Short High Yield Muni ETF during the 4th quarter worth about $1,432,000. Bleakley Financial Group LLC bought a new position in VanEck Short High Yield Muni ETF in the fourth quarter valued at approximately $243,000. Spire Wealth Management acquired a new position in shares of VanEck Short High Yield Muni ETF during the 4th quarter worth approximately $25,000. DAVENPORT & Co LLC raised its stake in shares of VanEck Short High Yield Muni ETF by 20.1% during the 4th quarter. DAVENPORT & Co LLC now owns 26,999 shares of the company’s stock worth $607,000 after purchasing an additional 4,523 shares in the last quarter. Finally, Allen Capital Group LLC boosted its holdings in shares of VanEck Short High Yield Muni ETF by 37.7% in the 4th quarter. Allen Capital Group LLC now owns 25,201 shares of the company’s stock valued at $567,000 after buying an additional 6,893 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Performance

Shares of SHYD opened at $22.71 on Tuesday. The stock’s fifty day moving average price is $22.63 and its two-hundred day moving average price is $22.61.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.0747 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

VanEck Short High Yield Muni ETF Profile

(Free Report)

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.