Allen Capital Group LLC Boosts Stake in VanEck Short High Yield Muni ETF (BATS:SHYD)

Allen Capital Group LLC lifted its holdings in VanEck Short High Yield Muni ETF (BATS:SHYD) by 37.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,201 shares of the company’s stock after buying an additional 6,893 shares during the quarter. Allen Capital Group LLC owned 0.18% of VanEck Short High Yield Muni ETF worth $567,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. HighTower Advisors LLC raised its holdings in VanEck Short High Yield Muni ETF by 2.7% during the third quarter. HighTower Advisors LLC now owns 17,211 shares of the company’s stock worth $391,000 after purchasing an additional 457 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in shares of VanEck Short High Yield Muni ETF in the fourth quarter worth $264,000. Stifel Financial Corp raised its holdings in shares of VanEck Short High Yield Muni ETF by 39.6% in the third quarter. Stifel Financial Corp now owns 25,513 shares of the company’s stock worth $580,000 after acquiring an additional 7,238 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of VanEck Short High Yield Muni ETF by 6.6% in the third quarter. MML Investors Services LLC now owns 12,013 shares of the company’s stock worth $273,000 after acquiring an additional 744 shares during the last quarter. Finally, Private Advisor Group LLC raised 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 worth $580,000 after acquiring an additional 1,941 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Up 0.8 %

Shares of BATS:SHYD opened at $22.70 on Thursday. The firm has a 50 day simple moving average of $22.62 and a two-hundred day simple moving average of $22.59.

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.