Garden State Investment Advisory Services LLC Makes New Investment in VanEck Short High Yield Muni ETF (BATS:SHYD)

Garden State Investment Advisory Services LLC acquired a new position in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) in the 3rd quarter, Holdings Channel reports. The fund acquired 45,350 shares of the company’s stock, valued at approximately $1,030,000.

Several other large investors have also modified their holdings of SHYD. Private Advisor Group LLC increased its position in VanEck Short High Yield Muni ETF by 8.2% during the third quarter. Private Advisor Group LLC now owns 25,521 shares of the company’s stock worth $580,000 after buying an additional 1,941 shares during the period. Concurrent Investment Advisors LLC increased its holdings in shares of VanEck Short High Yield Muni ETF by 4.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 27,361 shares of the company’s stock valued at $612,000 after acquiring an additional 1,160 shares during the period. 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 valued at $1,907,000 after purchasing an additional 1,400 shares during the last quarter. Envestnet Asset Management Inc. raised its position in VanEck Short High Yield Muni ETF by 19.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,342,844 shares of the company’s stock valued at $30,039,000 after purchasing an additional 221,303 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in VanEck Short High Yield Muni ETF by 20.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 1,248,996 shares of the company’s stock worth $27,940,000 after purchasing an additional 213,195 shares during the period.

VanEck Short High Yield Muni ETF Stock Performance

BATS SHYD opened at $22.76 on Monday. The business’s 50-day moving average is $22.69 and its 200-day moving average is $22.49.

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.