63,700 Shares in VanEck Short High Yield Muni ETF (BATS:SHYD) Acquired by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC bought a new stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 63,700 shares of the company’s stock, valued at approximately $1,432,000.

Other institutional investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors acquired a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter valued at approximately $264,000. HighTower Advisors LLC increased its position in shares of VanEck Short High Yield Muni ETF by 2.7% during the 3rd quarter. HighTower Advisors LLC now owns 17,211 shares of the company’s stock valued at $391,000 after purchasing an additional 457 shares during the period. MML Investors Services LLC raised its stake in shares of VanEck Short High Yield Muni ETF by 6.6% in the 3rd quarter. MML Investors Services LLC now owns 12,013 shares of the company’s stock worth $273,000 after buying an additional 744 shares in the last quarter. Stifel Financial Corp raised its stake in shares of VanEck Short High Yield Muni ETF by 39.6% in the 3rd quarter. Stifel Financial Corp now owns 25,513 shares of the company’s stock worth $580,000 after buying an additional 7,238 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of VanEck Short High Yield Muni ETF by 8.2% in the third quarter. Private Advisor Group LLC now owns 25,521 shares of the company’s stock valued at $580,000 after buying an additional 1,941 shares during the period.

VanEck Short High Yield Muni ETF Trading Up 0.8 %

BATS:SHYD opened at $22.71 on Tuesday. The business’s 50-day moving average price is $22.63 and its 200-day moving average price is $22.61.

VanEck Short High Yield Muni ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.0747 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

VanEck Short High Yield Muni ETF 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.