Duncker Streett & Co. Inc. Purchases New Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Duncker Streett & Co. Inc. purchased a new stake in VanEck Short High Yield Muni ETF (BATS:SHYD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,302 shares of the company’s stock, valued at approximately $29,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Dakota Wealth Management increased its stake in shares of VanEck Short High Yield Muni ETF by 7.2% in the 4th quarter. Dakota Wealth Management now owns 237,625 shares of the company’s stock valued at $5,342,000 after purchasing an additional 16,011 shares in the last quarter. Wealthspire Advisors LLC purchased a new stake in VanEck Short High Yield Muni ETF during the 4th quarter worth approximately $1,903,000. Breakwater Capital Group increased its stake in VanEck Short High Yield Muni ETF by 5.0% during the 4th quarter. Breakwater Capital Group now owns 76,406 shares of the company’s stock worth $1,718,000 after buying an additional 3,630 shares in the last quarter. Ocean Park Asset Management LLC purchased a new stake in VanEck Short High Yield Muni ETF during the 4th quarter worth approximately $1,432,000. Finally, Pure Portfolios Holdings LLC increased its stake in VanEck Short High Yield Muni ETF by 23.1% during the 4th quarter. Pure Portfolios Holdings LLC now owns 63,184 shares of the company’s stock worth $1,420,000 after buying an additional 11,843 shares in the last quarter.

VanEck Short High Yield Muni ETF Stock Up 1.4 %

BATS:SHYD opened at $22.85 on Monday. The business’s 50 day moving average price is $22.65 and its 200 day moving average price is $22.64.

VanEck Short High Yield Muni ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.0521 per share. The ex-dividend date is Monday, March 3rd.

VanEck Short High Yield Muni ETF 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.