LPL Financial LLC Reduces Holdings in VanEck Vectors Short High-Yield Municipal Index ETF (SHYD)

LPL Financial LLC lessened its stake in VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD) by 12.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 27,000 shares of the company’s stock after selling 3,783 shares during the quarter. LPL Financial LLC’s holdings in VanEck Vectors Short High-Yield Municipal Index ETF were worth $653,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in SHYD. Mather Group LLC. bought a new stake in VanEck Vectors Short High-Yield Municipal Index ETF in the fourth quarter worth approximately $354,000. Naples Global Advisors LLC grew its position in VanEck Vectors Short High-Yield Municipal Index ETF by 97.6% in the fourth quarter. Naples Global Advisors LLC now owns 38,360 shares of the company’s stock worth $928,000 after acquiring an additional 18,950 shares in the last quarter. IFP Advisors Inc grew its position in VanEck Vectors Short High-Yield Municipal Index ETF by 26.5% in the fourth quarter. IFP Advisors Inc now owns 27,083 shares of the company’s stock worth $655,000 after acquiring an additional 5,666 shares in the last quarter. Blankinship & Foster LLC bought a new stake in VanEck Vectors Short High-Yield Municipal Index ETF in the fourth quarter worth approximately $1,866,000. Finally, Wells Fargo & Company MN grew its position in VanEck Vectors Short High-Yield Municipal Index ETF by 12.2% in the fourth quarter. Wells Fargo & Company MN now owns 132,930 shares of the company’s stock worth $3,216,000 after acquiring an additional 14,437 shares in the last quarter.

SHYD stock opened at $24.19 on Monday. VanEck Vectors Short High-Yield Municipal Index ETF has a 12 month low of $23.98 and a 12 month high of $25.30.

The firm also recently announced a monthly dividend, which was paid on Friday, April 6th. Shareholders of record on Tuesday, April 3rd were given a $0.0856 dividend. This represents a $1.03 annualized dividend and a yield of 4.25%. This is an increase from VanEck Vectors Short High-Yield Municipal Index ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, April 2nd.

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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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