VanEck Short High Yield Muni ETF $SHYD Shares Purchased by Hamilton Wealth LLC

Hamilton Wealth LLC increased its stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 44.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 101,978 shares of the company’s stock after acquiring an additional 31,442 shares during the quarter. Hamilton Wealth LLC’s holdings in VanEck Short High Yield Muni ETF were worth $2,336,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV increased its stake in shares of VanEck Short High Yield Muni ETF by 10.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 1,833,017 shares of the company’s stock worth $41,994,000 after acquiring an additional 170,030 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of VanEck Short High Yield Muni ETF by 2.1% in the fourth quarter. NewEdge Advisors LLC now owns 47,662 shares of the company’s stock valued at $1,092,000 after purchasing an additional 968 shares during the period. Cetera Investment Advisers increased its position in VanEck Short High Yield Muni ETF by 48.0% during the fourth quarter. Cetera Investment Advisers now owns 144,622 shares of the company’s stock worth $3,313,000 after purchasing an additional 46,927 shares during the last quarter. Equitable Holdings Inc. raised its stake in VanEck Short High Yield Muni ETF by 33.4% during the fourth quarter. Equitable Holdings Inc. now owns 47,116 shares of the company’s stock worth $1,079,000 after purchasing an additional 11,799 shares during the period. Finally, Royal Bank of Canada raised its stake in VanEck Short High Yield Muni ETF by 138.1% during the fourth quarter. Royal Bank of Canada now owns 125,193 shares of the company’s stock worth $2,868,000 after purchasing an additional 72,605 shares during the period.

VanEck Short High Yield Muni ETF Trading Down 0.1%

BATS:SHYD opened at $22.80 on Friday. The company’s 50-day moving average is $22.71 and its two-hundred day moving average is $22.84. VanEck Short High Yield Muni ETF has a 1-year low of $22.31 and a 1-year high of $24.03.

VanEck Short High Yield Muni ETF Company 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.