First Allied Advisory Services Inc. Raises Holdings in VanEck Vectors Short High-Yield Municipal Index ETF (SHYD)

First Allied Advisory Services Inc. raised its stake in shares of VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD) by 7.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,837 shares of the company’s stock after buying an additional 943 shares during the period. First Allied Advisory Services Inc.’s holdings in VanEck Vectors Short High-Yield Municipal Index ETF were worth $342,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SHYD. Estate Counselors LLC boosted its stake in shares of VanEck Vectors Short High-Yield Municipal Index ETF by 134.4% during the 1st quarter. Estate Counselors LLC now owns 728,850 shares of the company’s stock valued at $18,003,000 after buying an additional 417,950 shares during the period. Summit Wealth & Retirement Planning Inc. acquired a new stake in shares of VanEck Vectors Short High-Yield Municipal Index ETF in the 4th quarter valued at $1,392,000. Morgan Stanley lifted its stake in shares of VanEck Vectors Short High-Yield Municipal Index ETF by 23.4% in the 3rd quarter. Morgan Stanley now owns 295,231 shares of the company’s stock valued at $7,176,000 after purchasing an additional 55,971 shares during the last quarter. Naples Global Advisors LLC lifted its stake in shares of VanEck Vectors Short High-Yield Municipal Index ETF by 44.8% in the 1st quarter. Naples Global Advisors LLC now owns 89,010 shares of the company’s stock valued at $2,199,000 after purchasing an additional 27,550 shares during the last quarter. Finally, Advisors Preferred LLC acquired a new stake in shares of VanEck Vectors Short High-Yield Municipal Index ETF in the 1st quarter valued at $501,000.

SHYD stock opened at $24.92 on Friday. VanEck Vectors Short High-Yield Municipal Index ETF has a 1 year low of $23.89 and a 1 year high of $24.93.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a $0.0647 dividend. This represents a $0.78 annualized dividend and a dividend yield of 3.12%. The ex-dividend date was Wednesday, May 1st.

COPYRIGHT VIOLATION WARNING: “First Allied Advisory Services Inc. Raises Holdings in VanEck Vectors Short High-Yield Municipal Index ETF (SHYD)” was first reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright and trademark laws. The original version of this story can be accessed at https://www.thelincolnianonline.com/2019/05/24/first-allied-advisory-services-inc-raises-holdings-in-vaneck-vectors-short-high-yield-municipal-index-etf-shyd.html.

Further Reading: Does the discount rate affect the economy?

Want to see what other hedge funds are holding SHYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD).

Institutional Ownership by Quarter for VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD)

Receive News & Ratings for VanEck Vectors Short High-Yield Municipal Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Vectors Short High-Yield Municipal Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.