VanEck Short High Yield Muni ETF (BATS:SHYD) to Issue Dividend of $0.07

VanEck Short High Yield Muni ETF (BATS:SHYD) declared a dividend on Friday, January 31st,NASDAQ Dividends reports. Shareholders of record on Monday, February 3rd will be paid a dividend of 0.0747 per share on Thursday, February 6th. The ex-dividend date is Monday, February 3rd. This is a positive change from VanEck Short High Yield Muni ETF’s previous dividend of $0.06.

VanEck Short High Yield Muni ETF Price Performance

Shares of SHYD traded up $0.21 during midday trading on Friday, reaching $22.73. 48,514 shares of the company were exchanged. The company’s fifty day moving average is $22.63 and its 200-day moving average is $22.59.

About VanEck Short High Yield Muni ETF

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.