Innova Wealth Partners Takes Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Innova Wealth Partners bought a new position in VanEck Short High Yield Muni ETF (BATS:SHYD) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 17,926 shares of the company’s stock, valued at approximately $403,000.

Several other institutional investors also recently modified their holdings of the business. HighTower Advisors LLC increased its position in shares of VanEck Short High Yield Muni ETF by 2.7% during the third quarter. HighTower Advisors LLC now owns 17,211 shares of the company’s stock valued at $391,000 after acquiring an additional 457 shares in the last quarter. Jacobson & Schmitt Advisors LLC boosted its position in shares of VanEck Short High Yield Muni ETF by 0.9% during the third quarter. Jacobson & Schmitt Advisors LLC now owns 52,885 shares of the company’s stock valued at $1,202,000 after buying an additional 470 shares during the last quarter. Truist Financial Corp increased its holdings in VanEck Short High Yield Muni ETF by 0.3% in the 2nd quarter. Truist Financial Corp now owns 174,915 shares of the company’s stock worth $3,913,000 after buying an additional 596 shares in the last quarter. MML Investors Services LLC raised its position in VanEck Short High Yield Muni ETF by 6.6% in the 3rd quarter. MML Investors Services LLC now owns 12,013 shares of the company’s stock worth $273,000 after buying an additional 744 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in VanEck Short High Yield Muni ETF by 1.7% in the 2nd quarter. Cetera Investment Advisers now owns 85,243 shares of the company’s stock worth $1,907,000 after buying an additional 1,400 shares during the last quarter.

VanEck Short High Yield Muni ETF Trading Down 0.2 %

Shares of BATS SHYD opened at $22.56 on Wednesday. The company’s 50-day moving average is $22.64 and its 200-day moving average is $22.56.

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.