Jacobson & Schmitt Advisors LLC Acquires 6,259 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Jacobson & Schmitt Advisors LLC increased its holdings in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 59,144 shares of the company’s stock after acquiring an additional 6,259 shares during the quarter. Jacobson & Schmitt Advisors LLC owned about 0.41% of VanEck Short High Yield Muni ETF worth $1,330,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Spire Wealth Management acquired a new stake in shares of VanEck Short High Yield Muni ETF in the fourth quarter valued at approximately $25,000. Johnson Bixby & Associates LLC acquired a new stake in shares of VanEck Short High Yield Muni ETF during the 4th quarter worth $213,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of VanEck Short High Yield Muni ETF in the third quarter worth $236,000. Bleakley Financial Group LLC acquired a new position in VanEck Short High Yield Muni ETF in the fourth quarter valued at about $243,000. Finally, BCS Wealth Management lifted its position in VanEck Short High Yield Muni ETF by 15.7% during the fourth quarter. BCS Wealth Management now owns 11,383 shares of the company’s stock worth $256,000 after purchasing an additional 1,548 shares during the period.

VanEck Short High Yield Muni ETF Stock Performance

Shares of VanEck Short High Yield Muni ETF stock opened at $22.71 on Thursday. The business’s 50-day moving average price is $22.62 and its 200-day moving average price is $22.62.

VanEck Short High Yield Muni ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.0747 dividend. The ex-dividend date of this dividend was 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 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.