Stifel Financial Corp Has $580,000 Stock Position in VanEck Short High Yield Muni ETF (BATS:SHYD)

Stifel Financial Corp boosted its position in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) by 39.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 25,513 shares of the company’s stock after buying an additional 7,238 shares during the quarter. Stifel Financial Corp’s holdings in VanEck Short High Yield Muni ETF were worth $580,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in SHYD. Ashton Thomas Private Wealth LLC bought a new stake in shares of VanEck Short High Yield Muni ETF during the second quarter worth approximately $45,000. BCS Wealth Management bought a new stake in shares of VanEck Short High Yield Muni ETF during the 3rd quarter valued at $223,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of VanEck Short High Yield Muni ETF during the 3rd quarter valued at $236,000. Core Wealth Partners LLC acquired a new position in shares of VanEck Short High Yield Muni ETF in the 3rd quarter valued at $372,000. Finally, HighTower Advisors LLC boosted its position in shares of 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 worth $391,000 after purchasing an additional 457 shares during the last quarter.

VanEck Short High Yield Muni ETF Stock Down 0.2 %

BATS SHYD opened at $22.54 on Friday. The firm has a 50 day moving average of $22.66 and a 200-day moving average of $22.54.

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.