Belpointe Asset Management LLC Has $422,000 Position in VanEck Short High Yield Muni ETF $SHYD

Belpointe Asset Management LLC reduced its holdings in VanEck Short High Yield Muni ETF (BATS:SHYD) by 46.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,670 shares of the company’s stock after selling 16,234 shares during the period. Belpointe Asset Management LLC owned approximately 0.13% of VanEck Short High Yield Muni ETF worth $422,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Jones Financial Companies Lllp lifted its holdings in VanEck Short High Yield Muni ETF by 3,068.9% in the first quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock valued at $19,854,000 after buying an additional 854,914 shares during the period. Fragasso Financial Advisors Inc lifted its holdings in VanEck Short High Yield Muni ETF by 62.8% in the second quarter. Fragasso Financial Advisors Inc now owns 324,678 shares of the company’s stock valued at $7,334,000 after buying an additional 125,221 shares during the period. LPL Financial LLC lifted its holdings in VanEck Short High Yield Muni ETF by 13.0% in the first quarter. LPL Financial LLC now owns 319,847 shares of the company’s stock valued at $7,193,000 after buying an additional 36,919 shares during the period. Dakota Wealth Management raised its holdings in VanEck Short High Yield Muni ETF by 9.8% in the second quarter. Dakota Wealth Management now owns 285,160 shares of the company’s stock worth $6,442,000 after purchasing an additional 25,381 shares during the period. Finally, First Foundation Advisors boosted its position in shares of VanEck Short High Yield Muni ETF by 4.0% during the first quarter. First Foundation Advisors now owns 142,911 shares of the company’s stock worth $3,214,000 after purchasing an additional 5,452 shares in the last quarter.

VanEck Short High Yield Muni ETF Price Performance

Shares of SHYD stock opened at $22.74 on Friday. VanEck Short High Yield Muni ETF has a 12-month low of $21.68 and a 12-month high of $23.84. The firm has a fifty day moving average of $22.77 and a 200-day moving average of $22.52.

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.