Breakwater Capital Group Buys 3,630 Shares of VanEck Short High Yield Muni ETF (BATS:SHYD)

Breakwater Capital Group grew its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 5.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 76,406 shares of the company’s stock after acquiring an additional 3,630 shares during the quarter. Breakwater Capital Group’s holdings in VanEck Short High Yield Muni ETF were worth $1,718,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SHYD. Envestnet Asset Management Inc. grew its stake in VanEck Short High Yield Muni ETF by 19.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,342,844 shares of the company’s stock valued at $30,039,000 after acquiring an additional 221,303 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of VanEck Short High Yield Muni ETF by 20.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 1,248,996 shares of the company’s stock valued at $27,940,000 after purchasing an additional 213,195 shares in the last quarter. Fragasso Financial Advisors Inc grew its position in shares of VanEck Short High Yield Muni ETF by 1.3% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 219,053 shares of the company’s stock valued at $4,977,000 after purchasing an additional 2,728 shares during the period. Truist Financial Corp increased its stake in VanEck Short High Yield Muni ETF by 0.3% during the 2nd quarter. Truist Financial Corp now owns 174,915 shares of the company’s stock worth $3,913,000 after purchasing an additional 596 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in VanEck Short High Yield Muni ETF by 1.7% during the 2nd quarter. Cetera Investment Advisers now owns 85,243 shares of the company’s stock worth $1,907,000 after buying an additional 1,400 shares during the period.

VanEck Short High Yield Muni ETF Stock Down 0.3 %

VanEck Short High Yield Muni ETF stock opened at $22.46 on Tuesday. The firm has a fifty day moving average of $22.63 and a 200 day moving average of $22.57.

VanEck Short High Yield Muni ETF Company 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.