Visionary Wealth Advisors Decreases Stock Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Visionary Wealth Advisors trimmed its holdings in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 64.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,320 shares of the company’s stock after selling 36,982 shares during the quarter. Visionary Wealth Advisors’ holdings in VanEck Short High Yield Muni ETF were worth $457,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its holdings in shares of VanEck Short High Yield Muni ETF by 4.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,473,244 shares of the company’s stock valued at $33,119,000 after acquiring an additional 59,016 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of VanEck Short High Yield Muni ETF by 4.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,429,931 shares of the company’s stock valued at $32,145,000 after acquiring an additional 65,778 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of VanEck Short High Yield Muni ETF by 38.7% in the 4th quarter. Wells Fargo & Company MN now owns 988,065 shares of the company’s stock valued at $22,212,000 after acquiring an additional 275,522 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of VanEck Short High Yield Muni ETF by 7.7% in the 4th quarter. Bank of America Corp DE now owns 443,331 shares of the company’s stock valued at $9,966,000 after acquiring an additional 31,557 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of VanEck Short High Yield Muni ETF by 5.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 245,564 shares of the company’s stock valued at $5,520,000 after acquiring an additional 12,857 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Down 0.7%

Shares of BATS:SHYD opened at $22.37 on Wednesday. VanEck Short High Yield Muni ETF has a 12 month low of $21.68 and a 12 month high of $23.84. The company has a 50-day moving average price of $22.32 and a 200 day moving average price of $22.54.

VanEck Short High Yield Muni ETF Cuts Dividend

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

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.