VanEck Short High Yield Muni ETF (BATS:SHYD) Raises Dividend to $0.07 Per Share

VanEck Short High Yield Muni ETF (BATS:SHYD) announced a dividend on Friday, January 31st,NASDAQ Dividends reports. Stockholders of record on Monday, February 3rd will be paid a dividend of 0.0747 per share on Thursday, February 6th. The ex-dividend date of this dividend 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 Trading Up 0.9 %

VanEck Short High Yield Muni ETF stock traded up $0.21 during midday trading on Friday, reaching $22.73. The stock had a trading volume of 48,514 shares. The firm has a fifty day moving average price of $22.63 and a 200-day moving average price of $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.