McAdam LLC Has $1.03 Million Stock Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

McAdam LLC lifted its position in VanEck Short High Yield Muni ETF (BATS:SHYD) by 8.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,653 shares of the company’s stock after buying an additional 3,479 shares during the quarter. McAdam LLC’s holdings in VanEck Short High Yield Muni ETF were worth $1,032,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Dakota Wealth Management grew its holdings in VanEck Short High Yield Muni ETF by 2.5% in the 4th quarter. Dakota Wealth Management now owns 147,507 shares of the company’s stock valued at $3,264,000 after buying an additional 3,652 shares during the last quarter. Global Strategic Investment Solutions LLC grew its stake in shares of VanEck Short High Yield Muni ETF by 8.9% in the fourth quarter. Global Strategic Investment Solutions LLC now owns 341,180 shares of the company’s stock worth $7,550,000 after acquiring an additional 27,947 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in VanEck Short High Yield Muni ETF during the third quarter worth $508,000. Davidson Investment Advisors acquired a new position in VanEck Short High Yield Muni ETF during the 3rd quarter valued at $70,000. Finally, LPL Financial LLC boosted its holdings in VanEck Short High Yield Muni ETF by 65.6% in the 3rd quarter. LPL Financial LLC now owns 514,680 shares of the company’s stock valued at $11,127,000 after purchasing an additional 203,870 shares during the period.

VanEck Short High Yield Muni ETF Stock Performance

BATS SHYD opened at $22.19 on Tuesday. The stock has a 50-day moving average of $22.25 and a two-hundred day moving average of $22.01.

VanEck Short High Yield Muni ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.0663 per share. The ex-dividend date of this dividend was Monday, April 1st. This is an increase 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.