Allen Capital Group LLC Has $567,000 Stock Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Allen Capital Group LLC boosted its position in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 37.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,201 shares of the company’s stock after purchasing an additional 6,893 shares during the period. Allen Capital Group LLC’s holdings in VanEck Short High Yield Muni ETF were worth $567,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Pure Portfolios Holdings LLC bought a new position in shares of VanEck Short High Yield Muni ETF in the third quarter worth about $1,166,000. Flow Traders U.S. LLC bought a new stake in shares of VanEck Short High Yield Muni ETF during the 3rd quarter valued at $1,075,000. Garden State Investment Advisory Services LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the 3rd quarter valued at $1,030,000. Sanctuary Advisors LLC bought a new stake in shares of VanEck Short High Yield Muni ETF in the 2nd quarter valued at $982,000. Finally, Blake Schutter Theil Wealth Advisors LLC acquired a new position in VanEck Short High Yield Muni ETF in the 3rd quarter worth $932,000.

VanEck Short High Yield Muni ETF Price Performance

VanEck Short High Yield Muni ETF stock opened at $22.70 on Thursday. The business’s 50 day simple moving average is $22.62 and its 200-day simple moving average is $22.59.

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.