Wells Fargo & Company MN Purchases 275,522 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Wells Fargo & Company MN boosted its position in VanEck Short High Yield Muni ETF (BATS:SHYD) by 38.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 988,065 shares of the company’s stock after purchasing an additional 275,522 shares during the period. Wells Fargo & Company MN owned about 6.86% of VanEck Short High Yield Muni ETF worth $22,212,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. PFG Advisors boosted its holdings in shares of VanEck Short High Yield Muni ETF by 2.4% in the fourth quarter. PFG Advisors now owns 19,787 shares of the company’s stock worth $445,000 after buying an additional 456 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of VanEck Short High Yield Muni ETF by 2.7% during the 3rd quarter. HighTower Advisors LLC now owns 17,211 shares of the company’s stock worth $391,000 after acquiring an additional 457 shares during the last quarter. Occidental Asset Management LLC grew its position in shares of VanEck Short High Yield Muni ETF by 2.0% during the 4th quarter. Occidental Asset Management LLC now owns 26,944 shares of the company’s stock valued at $606,000 after acquiring an additional 525 shares during the period. Concurrent Investment Advisors LLC increased its stake in shares of VanEck Short High Yield Muni ETF by 2.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 30,929 shares of the company’s stock worth $695,000 after purchasing an additional 690 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings 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 purchasing an additional 744 shares during the period.

VanEck Short High Yield Muni ETF Price Performance

BATS:SHYD opened at $21.88 on Friday. The stock has a 50-day simple moving average of $22.60 and a two-hundred day simple moving average of $22.63. VanEck Short High Yield Muni ETF has a 52-week low of $21.68 and a 52-week high of $23.84.

VanEck Short High Yield Muni ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.0521 per share. The ex-dividend date was 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.