17,926 Shares in VanEck Short High Yield Muni ETF (BATS:SHYD) Bought by Innova Wealth Partners

Innova Wealth Partners purchased a new stake in shares of VanEck Short High Yield Muni ETF (BATS:SHYD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 17,926 shares of the company’s stock, valued at approximately $403,000. Innova Wealth Partners owned 0.12% of VanEck Short High Yield Muni ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SHYD. HighTower Advisors LLC lifted its stake 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 valued at $391,000 after acquiring an additional 457 shares during the last quarter. MML Investors Services LLC lifted its position in VanEck Short High Yield Muni ETF by 6.6% in the third quarter. MML Investors Services LLC now owns 12,013 shares of the company’s stock valued at $273,000 after purchasing an additional 744 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of VanEck Short High Yield Muni ETF by 39.6% during the third quarter. Stifel Financial Corp now owns 25,513 shares of the company’s stock valued at $580,000 after purchasing an additional 7,238 shares during the period. Private Advisor Group LLC grew its holdings in shares of VanEck Short High Yield Muni ETF by 8.2% in the third quarter. Private Advisor Group LLC now owns 25,521 shares of the company’s stock worth $580,000 after purchasing an additional 1,941 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of VanEck Short High Yield Muni ETF by 1.7% in the second quarter. Cetera Investment Advisers now owns 85,243 shares of the company’s stock worth $1,907,000 after buying an additional 1,400 shares during the period.

VanEck Short High Yield Muni ETF Price Performance

BATS:SHYD opened at $22.56 on Wednesday. The firm’s 50 day moving average price is $22.64 and its two-hundred day moving average price is $22.56.

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.