45,350 Shares in VanEck Short High Yield Muni ETF (BATS:SHYD) Bought by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC acquired a new position in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 45,350 shares of the company’s stock, valued at approximately $1,030,000. Garden State Investment Advisory Services LLC owned about 0.31% of VanEck Short High Yield Muni ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC lifted its stake in shares of VanEck Short High Yield Muni ETF by 5.2% in the third quarter. Sanctuary Advisors LLC now owns 46,527 shares of the company’s stock valued at $1,059,000 after buying an additional 2,291 shares during the period. MML Investors Services LLC lifted its position in VanEck Short High Yield Muni ETF by 6.6% in the third quarter. MML Investors Services LLC now owns 12,013 shares of the company’s stock worth $273,000 after purchasing an additional 744 shares during the period. Stifel Financial Corp boosted its stake in VanEck Short High Yield Muni ETF by 39.6% during the third quarter. Stifel Financial Corp now owns 25,513 shares of the company’s stock worth $580,000 after buying an additional 7,238 shares in the last quarter. HighTower Advisors LLC increased its holdings in VanEck Short High Yield Muni ETF by 2.7% in the 3rd quarter. HighTower Advisors LLC now owns 17,211 shares of the company’s stock valued at $391,000 after buying an additional 457 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 3rd quarter valued at $1,075,000.

VanEck Short High Yield Muni ETF Stock Up 0.4 %

BATS:SHYD traded up $0.08 during mid-day trading on Friday, hitting $22.71. The company’s stock had a trading volume of 39,064 shares. The company has a fifty day simple moving average of $22.69 and a two-hundred day simple moving average of $22.51.

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.