Pineridge Advisors LLC Has $99,000 Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Posted by Amy Steele on Feb 11th, 2025

Pineridge Advisors LLC trimmed its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD – Free Report) by 42.9% in the fourth quarter, HoldingsChannel reports. The firm owned 4,397 shares of the company’s stock after selling 3,301 shares during the quarter. Pineridge Advisors LLC’s holdings in VanEck Short High Yield Muni ETF were worth $99,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ocean Park Asset Management LLC bought a new position in shares of VanEck Short High Yield Muni ETF during the fourth quarter worth approximately $1,432,000. Pure Portfolios Holdings LLC acquired a new position in VanEck Short High Yield Muni ETF in the 3rd quarter valued at $1,166,000. Flow Traders U.S. LLC bought a new position in VanEck Short High Yield Muni ETF during the 3rd quarter worth $1,075,000. Garden State Investment Advisory Services LLC acquired a new stake in shares of VanEck Short High Yield Muni ETF during the third quarter worth $1,030,000. Finally, Blake Schutter Theil Wealth Advisors LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the third quarter valued at about $932,000.

VanEck Short High Yield Muni ETF Stock Performance

BATS:SHYD opened at $22.71 on Tuesday. The business’s 50 day simple moving average is $22.63 and its 200-day simple moving average is $22.61.

VanEck Short High Yield Muni ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.0747 dividend. This is an increase from VanEck Short High Yield Muni ETF’s previous dividend of $0.06. The ex-dividend date was Monday, February 3rd.

VanEck Short High Yield Muni ETF Company Profile

(Free Report)

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.