Allen Capital Group LLC Has $416,000 Holdings in VanEck Short High Yield Muni ETF (BATS:SHYD)

Allen Capital Group LLC decreased its holdings in VanEck Short High Yield Muni ETF (BATS:SHYD) by 10.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,308 shares of the company’s stock after selling 2,250 shares during the quarter. Allen Capital Group LLC owned 0.13% of VanEck Short High Yield Muni ETF worth $416,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. CWM LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 2nd quarter valued at $30,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 2nd quarter valued at $45,000. BCS Wealth Management acquired a new position in shares of VanEck Short High Yield Muni ETF in the 3rd quarter valued at $223,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 3rd quarter valued at $236,000. Finally, Core Wealth Partners LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 3rd quarter valued at $372,000.

VanEck Short High Yield Muni ETF Stock Up 0.1 %

Shares of SHYD stock opened at $22.76 on Friday. The firm has a 50-day simple moving average of $22.67 and a two-hundred day simple moving average of $22.47.

VanEck Short High Yield Muni ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.0585 per share. The ex-dividend date was Tuesday, September 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.