Eagle Global Advisors LLC Raises Stake in VanEck Short High Yield Muni ETF $SHYD

Eagle Global Advisors LLC grew its stake in VanEck Short High Yield Muni ETF (BATS:SHYD) by 145.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,564 shares of the company’s stock after acquiring an additional 27,580 shares during the quarter. Eagle Global Advisors LLC’s holdings in VanEck Short High Yield Muni ETF were worth $1,067,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SHYD. Private Advisor Group LLC grew its holdings in shares of VanEck Short High Yield Muni ETF by 1.9% in the third quarter. Private Advisor Group LLC now owns 27,070 shares of the company’s stock valued at $620,000 after purchasing an additional 497 shares during the period. Naples Global Advisors LLC raised its stake in VanEck Short High Yield Muni ETF by 1.4% during the third quarter. Naples Global Advisors LLC now owns 36,950 shares of the company’s stock worth $846,000 after purchasing an additional 500 shares during the period. Diversify Advisory Services LLC boosted its holdings in VanEck Short High Yield Muni ETF by 1.2% in the 4th quarter. Diversify Advisory Services LLC now owns 43,502 shares of the company’s stock valued at $1,001,000 after purchasing an additional 522 shares during the last quarter. Allworth Financial LP grew its stake in shares of VanEck Short High Yield Muni ETF by 34.6% in the 3rd quarter. Allworth Financial LP now owns 2,176 shares of the company’s stock valued at $50,000 after buying an additional 559 shares during the period. Finally, Signet Financial Management LLC grew its stake in shares of VanEck Short High Yield Muni ETF by 7.2% in the 4th quarter. Signet Financial Management LLC now owns 10,825 shares of the company’s stock valued at $248,000 after buying an additional 727 shares during the period.

VanEck Short High Yield Muni ETF Stock Up 0.2%

SHYD stock opened at $22.73 on Thursday. The firm’s 50 day moving average price is $22.82 and its 200-day moving average price is $22.86. VanEck Short High Yield Muni ETF has a one year low of $22.01 and a one year high of $24.03.

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.