Sanctuary Advisors LLC Acquires Shares of 44,236 VanEck Short High Yield Muni ETF (BATS:SHYD)

Sanctuary Advisors LLC bought a new position in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 44,236 shares of the company’s stock, valued at approximately $982,000. Sanctuary Advisors LLC owned 0.31% of VanEck Short High Yield Muni ETF at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Private Advisor Group LLC lifted its holdings in VanEck Short High Yield Muni ETF by 2.4% in the 1st quarter. Private Advisor Group LLC now owns 21,409 shares of the company’s stock worth $480,000 after buying an additional 499 shares during the period. Truist Financial Corp lifted its stake in VanEck Short High Yield Muni ETF by 0.3% in the second 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. Avantax Advisory Services Inc. boosted its holdings in VanEck Short High Yield Muni ETF by 6.4% in the first quarter. Avantax Advisory Services Inc. now owns 11,111 shares of the company’s stock valued at $249,000 after acquiring an additional 669 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in VanEck Short High Yield Muni ETF by 4.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 27,361 shares of the company’s stock valued at $612,000 after purchasing an additional 1,160 shares during the period. Finally, CWM LLC purchased a new position in VanEck Short High Yield Muni ETF during the 2nd quarter valued at $30,000.

VanEck Short High Yield Muni ETF Stock Performance

Shares of SHYD opened at $22.64 on Friday. The company’s fifty day moving average is $22.57 and its 200-day moving average is $22.38.

VanEck Short High Yield Muni ETF Cuts Dividend

The company also recently disclosed 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.

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.