VanEck Short High Yield Muni ETF (BATS:SHYD) Announces Dividend Increase – $0.06 Per Share

VanEck Short High Yield Muni ETF (BATS:SHYD) declared a dividend on Friday, June 28th, NASDAQ reports. Investors of record on Monday, July 1st will be given a dividend of 0.0621 per share on Friday, July 5th. The ex-dividend date of this dividend is Monday, July 1st. This is an increase from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

VanEck Short High Yield Muni ETF Price Performance

SHYD stock remained flat at $22.37 during trading on Friday. The company’s stock had a trading volume of 38,616 shares. The company’s fifty day moving average price is $22.26 and its 200-day moving average price is $22.21.

VanEck Short High Yield Muni ETF Company 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.