IFP Advisors Inc increased its position in shares of VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD) by 10.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 49,157 shares of the company’s stock after purchasing an additional 4,471 shares during the period. IFP Advisors Inc’s holdings in VanEck Vectors Short High-Yield Municipal Index ETF were worth $1,205,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHYD. BB&T Securities LLC boosted its position in VanEck Vectors Short High-Yield Municipal Index ETF by 641.4% in the first quarter. BB&T Securities LLC now owns 209,495 shares of the company’s stock valued at $5,071,000 after buying an additional 181,238 shares in the last quarter. Wells Fargo & Company MN boosted its position in VanEck Vectors Short High-Yield Municipal Index ETF by 48.6% in the first quarter. Wells Fargo & Company MN now owns 197,504 shares of the company’s stock valued at $4,782,000 after buying an additional 64,574 shares in the last quarter. New England Investment & Retirement Group Inc. boosted its position in VanEck Vectors Short High-Yield Municipal Index ETF by 77.9% in the second quarter. New England Investment & Retirement Group Inc. now owns 116,855 shares of the company’s stock valued at $2,810,000 after buying an additional 51,161 shares in the last quarter. Wsfs Capital Management LLC boosted its position in VanEck Vectors Short High-Yield Municipal Index ETF by 29.2% in the first quarter. Wsfs Capital Management LLC now owns 46,991 shares of the company’s stock valued at $1,138,000 after buying an additional 10,633 shares in the last quarter. Finally, Eagle Global Advisors LLC boosted its position in VanEck Vectors Short High-Yield Municipal Index ETF by 35.7% in the second quarter. Eagle Global Advisors LLC now owns 38,157 shares of the company’s stock valued at $936,000 after buying an additional 10,044 shares in the last quarter.

Shares of VanEck Vectors Short High-Yield Municipal Index ETF stock opened at $24.48 on Monday. VanEck Vectors Short High-Yield Municipal Index ETF has a fifty-two week low of $24.04 and a fifty-two week high of $25.30.

The business also recently announced a monthly dividend, which was paid on Tuesday, August 7th. Shareholders of record on Thursday, August 2nd were given a $0.0622 dividend. The ex-dividend date of this dividend was Wednesday, August 1st. This represents a $0.75 dividend on an annualized basis and a yield of 3.05%. This is a positive change from VanEck Vectors Short High-Yield Municipal Index ETF’s previous monthly dividend of $0.06.

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Want to see what other hedge funds are holding SHYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD).

Institutional Ownership by Quarter for VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD)

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