RMR Wealth Builders Boosts Stake in VanEck Short High Yield Muni ETF (BATS:SHYD)

RMR Wealth Builders grew its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,717 shares of the company’s stock after purchasing an additional 2,899 shares during the quarter. RMR Wealth Builders’ holdings in VanEck Short High Yield Muni ETF were worth $1,028,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC increased its position in VanEck Short High Yield Muni ETF by 10.1% during the 2nd quarter. Private Advisor Group LLC now owns 23,580 shares of the company’s stock worth $527,000 after purchasing an additional 2,171 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in VanEck Short High Yield Muni ETF during the 2nd quarter worth approximately $45,000. Envestnet Asset Management Inc. boosted its holdings in shares of VanEck Short High Yield Muni ETF by 19.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,342,844 shares of the company’s stock valued at $30,039,000 after acquiring an additional 221,303 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of 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 buying an additional 213,195 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in VanEck Short High Yield Muni ETF by 72.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 23,576 shares of the company’s stock worth $527,000 after acquiring an additional 9,922 shares during the period.

VanEck Short High Yield Muni ETF Price Performance

Shares of BATS SHYD traded down $0.03 during mid-day trading on Friday, reaching $22.53. The company had a trading volume of 48,552 shares. The business has a 50-day simple moving average of $22.63 and a two-hundred day simple moving average of $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.