VanEck Short High Yield Muni ETF (BATS:SHYD) Shares Sold by Occidental Asset Management LLC

Occidental Asset Management LLC lessened its holdings in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 32.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,811 shares of the company’s stock after selling 12,307 shares during the quarter. Occidental Asset Management LLC’s holdings in VanEck Short High Yield Muni ETF were worth $571,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Morgan Stanley boosted its stake in VanEck Short High Yield Muni ETF by 0.8% during the 3rd quarter. Morgan Stanley now owns 907,377 shares of the company’s stock worth $19,618,000 after purchasing an additional 7,011 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in VanEck Short High Yield Muni ETF by 10.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 856,244 shares of the company’s stock worth $18,512,000 after purchasing an additional 77,923 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of VanEck Short High Yield Muni ETF by 25.6% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 767,993 shares of the company’s stock worth $16,604,000 after acquiring an additional 156,344 shares during the period. Bank of America Corp DE raised its holdings in shares of VanEck Short High Yield Muni ETF by 2.2% during the 1st quarter. Bank of America Corp DE now owns 525,334 shares of the company’s stock worth $11,710,000 after acquiring an additional 11,282 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of VanEck Short High Yield Muni ETF by 65.6% during the 3rd quarter. LPL Financial LLC now owns 514,680 shares of the company’s stock worth $11,127,000 after acquiring an additional 203,870 shares during the period.

VanEck Short High Yield Muni ETF Stock Up 0.4 %

Shares of BATS SHYD traded up $0.08 during trading on Friday, hitting $22.41. 115,215 shares of the company were exchanged. The company’s 50-day moving average is $22.20 and its two-hundred day moving average is $21.94.

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.