Dynamic Advisor Solutions LLC Has $1.03 Million Stock Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Posted by Darlene League on Oct 11th, 2024

Dynamic Advisor Solutions LLC reduced its stake in VanEck Short High Yield Muni ETF (BATS:SHYD – Free Report) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,239 shares of the company’s stock after selling 1,870 shares during the period. Dynamic Advisor Solutions LLC owned 0.31% of VanEck Short High Yield Muni ETF worth $1,028,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Pineridge Advisors LLC bought a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter worth approximately $235,000. Processus Wealth & Capital Management LLC acquired a new stake in VanEck Short High Yield Muni ETF during the 4th quarter worth approximately $278,000. B. Riley Wealth Advisors Inc. increased its position in VanEck Short High Yield Muni ETF by 11.0% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 19,523 shares of the company’s stock valued at $432,000 after acquiring an additional 1,932 shares during the period. Mather Group LLC. bought a new position in shares of VanEck Short High Yield Muni ETF during the first quarter valued at $111,000. Finally, RMR Wealth Builders raised its stake in shares of VanEck Short High Yield Muni ETF by 26.6% during the first quarter. RMR Wealth Builders now owns 29,169 shares of the company’s stock valued at $654,000 after acquiring an additional 6,120 shares during the last quarter.

VanEck Short High Yield Muni ETF Price Performance

Shares of BATS:SHYD opened at $22.64 on Friday. The stock’s 50-day moving average is $22.57 and its two-hundred day moving average is $22.38.

VanEck Short High Yield Muni ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.0585 per share. The ex-dividend date was Tuesday, September 3rd.

VanEck Short High Yield Muni ETF Profile

(Free Report)

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.