VanEck Vectors Short High-Yield Municipal Index ETF (SHYD) Position Lifted by Estate Counselors LLC

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Estate Counselors LLC boosted its stake in shares of VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD) by 134.4% during the first quarter, HoldingsChannel reports. The firm owned 728,850 shares of the company’s stock after acquiring an additional 417,950 shares during the period. VanEck Vectors Short High-Yield Municipal Index ETF makes up about 3.1% of Estate Counselors LLC’s portfolio, making the stock its 8th largest holding. Estate Counselors LLC owned approximately 0.09% of VanEck Vectors Short High-Yield Municipal Index ETF worth $18,003,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. bought a new stake in VanEck Vectors Short High-Yield Municipal Index ETF in the fourth quarter worth approximately $32,000. Patriot Financial Group Insurance Agency LLC bought a new stake in VanEck Vectors Short High-Yield Municipal Index ETF in the first quarter worth approximately $55,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in VanEck Vectors Short High-Yield Municipal Index ETF in the first quarter worth approximately $201,000. Signature Estate & Investment Advisors LLC bought a new stake in VanEck Vectors Short High-Yield Municipal Index ETF in the fourth quarter worth approximately $277,000. Finally, First Allied Advisory Services Inc. grew its position in VanEck Vectors Short High-Yield Municipal Index ETF by 13.0% in the fourth quarter. First Allied Advisory Services Inc. now owns 12,894 shares of the company’s stock worth $311,000 after acquiring an additional 1,487 shares in the last quarter.

SHYD stock opened at $24.64 on Friday. VanEck Vectors Short High-Yield Municipal Index ETF has a 12 month low of $23.89 and a 12 month high of $24.75.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be given a $0.0647 dividend. This represents a $0.78 annualized dividend and a yield of 3.15%. The ex-dividend date is Wednesday, May 1st.

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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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