RMR Wealth Builders Decreases Stake in VanEck Short High Yield Muni ETF (BATS:SHYD)

RMR Wealth Builders lowered its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 15.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,521 shares of the company’s stock after selling 7,196 shares during the period. RMR Wealth Builders owned 0.27% of VanEck Short High Yield Muni ETF worth $866,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SHYD. Bleakley Financial Group LLC acquired a new stake in shares of VanEck Short High Yield Muni ETF in the fourth quarter worth $243,000. Pure Portfolios Holdings LLC increased its stake in shares of VanEck Short High Yield Muni ETF by 23.1% in the fourth quarter. Pure Portfolios Holdings LLC now owns 63,184 shares of the company’s stock worth $1,420,000 after acquiring an additional 11,843 shares during the period. Sanctuary Advisors LLC increased its stake in shares of VanEck Short High Yield Muni ETF by 5.3% in the fourth quarter. Sanctuary Advisors LLC now owns 48,974 shares of the company’s stock worth $1,115,000 after acquiring an additional 2,447 shares during the period. Jacobson & Schmitt Advisors LLC increased its stake in shares of VanEck Short High Yield Muni ETF by 11.8% in the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 59,144 shares of the company’s stock worth $1,330,000 after acquiring an additional 6,259 shares during the period. Finally, Concurrent Investment Advisors LLC increased its stake in shares of VanEck Short High Yield Muni ETF by 2.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 30,929 shares of the company’s stock worth $695,000 after acquiring an additional 690 shares during the period.

VanEck Short High Yield Muni ETF Stock Performance

BATS:SHYD opened at $22.52 on Friday. VanEck Short High Yield Muni ETF has a 1-year low of $21.68 and a 1-year high of $23.84. The company’s fifty day moving average price is $22.25 and its 200-day moving average price is $22.52.

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.