Cascade Financial Partners LLC Raises Stock Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Cascade Financial Partners LLC grew its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,137 shares of the company’s stock after acquiring an additional 2,300 shares during the quarter. Cascade Financial Partners LLC owned about 0.29% of VanEck Short High Yield Muni ETF worth $947,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Dakota Wealth Management lifted its position in shares of VanEck Short High Yield Muni ETF by 7.2% in the fourth quarter. Dakota Wealth Management now owns 237,625 shares of the company’s stock valued at $5,342,000 after acquiring an additional 16,011 shares in the last quarter. Raymond James Financial Inc. acquired a new position in VanEck Short High Yield Muni ETF in the fourth quarter valued at $2,485,000. Wealthspire Advisors LLC acquired a new position in VanEck Short High Yield Muni ETF in the fourth quarter valued at $1,903,000. Breakwater Capital Group increased its stake in VanEck Short High Yield Muni ETF by 5.0% in the fourth quarter. Breakwater Capital Group now owns 76,406 shares of the company’s stock valued at $1,718,000 after purchasing an additional 3,630 shares during the last quarter. Finally, Ocean Park Asset Management LLC acquired a new position in VanEck Short High Yield Muni ETF in the fourth quarter valued at $1,432,000.

VanEck Short High Yield Muni ETF Stock Up 0.8 %

VanEck Short High Yield Muni ETF stock opened at $22.70 on Wednesday. The firm has a 50 day simple moving average of $22.67 and a two-hundred day simple moving average of $22.65.

VanEck Short High Yield Muni ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.0521 per share. The ex-dividend date was Monday, March 3rd.

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.