VanEck Short High Yield Muni ETF (BATS:SHYD) Shares Purchased by Occidental Asset Management LLC

Occidental Asset Management LLC boosted its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 2.0% in the fourth quarter, Holdings Channel reports. The fund owned 26,944 shares of the company’s stock after purchasing an additional 525 shares during the period. Occidental Asset Management LLC’s holdings in VanEck Short High Yield Muni ETF were worth $606,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its stake 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 worth $30,039,000 after purchasing an additional 221,303 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position 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 buying an additional 213,195 shares during the last quarter. Fragasso Financial Advisors Inc lifted its stake in shares of VanEck Short High Yield Muni ETF by 1.3% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 219,053 shares of the company’s stock worth $4,977,000 after acquiring an additional 2,728 shares during the period. Truist Financial Corp lifted its stake in shares of VanEck Short High Yield Muni ETF by 0.3% in the 2nd quarter. Truist Financial Corp now owns 174,915 shares of the company’s stock worth $3,913,000 after acquiring an additional 596 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of VanEck Short High Yield Muni ETF by 1.7% in the second quarter. Cetera Investment Advisers now owns 85,243 shares of the company’s stock valued at $1,907,000 after acquiring an additional 1,400 shares in the last quarter.

VanEck Short High Yield Muni ETF Trading Down 0.1 %

Shares of VanEck Short High Yield Muni ETF stock opened at $22.50 on Friday. The business’s 50-day moving average price is $22.62 and its 200-day moving average price is $22.57.

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.