First Foundation Advisors Takes Position in VanEck Vectors Short High-Yield Municipal Index ETF (SHYD)

First Foundation Advisors acquired a new position in shares of VanEck Vectors Short High-Yield Municipal Index ETF (NYSEARCA:SHYD) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 17,976 shares of the company’s stock, valued at approximately $437,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its position in shares of VanEck Vectors Short High-Yield Municipal Index ETF by 10.0% during the 2nd quarter. IFP Advisors Inc now owns 49,157 shares of the company’s stock worth $1,205,000 after purchasing an additional 4,471 shares during the last quarter. Homrich & Berg lifted its position in VanEck Vectors Short High-Yield Municipal Index ETF by 52.5% in the third quarter. Homrich & Berg now owns 14,537 shares of the company’s stock valued at $353,000 after acquiring an additional 5,007 shares during the last quarter. Raymond James & Associates lifted its position in VanEck Vectors Short High-Yield Municipal Index ETF by 28.2% in the second quarter. Raymond James & Associates now owns 25,394 shares of the company’s stock valued at $623,000 after acquiring an additional 5,583 shares during the last quarter. Burt Wealth Advisors purchased a new stake in VanEck Vectors Short High-Yield Municipal Index ETF in the third quarter valued at $145,000. Finally, Janney Montgomery Scott LLC purchased a new stake in VanEck Vectors Short High-Yield Municipal Index ETF in the second quarter valued at $248,000.

Shares of SHYD opened at $24.19 on Monday. VanEck Vectors Short High-Yield Municipal Index ETF has a 1-year low of $23.89 and a 1-year high of $25.30.

The business also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were given a $0.0679 dividend. The ex-dividend date was Thursday, November 1st. This is a boost from VanEck Vectors Short High-Yield Municipal Index ETF’s previous monthly dividend of $0.07. This represents a $0.81 dividend on an annualized basis and a yield of 3.37%.

WARNING: “First Foundation Advisors Takes Position in VanEck Vectors Short High-Yield Municipal Index ETF (SHYD)” was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of U.S. and international trademark & copyright legislation. The original version of this piece can be read at https://www.com-unik.info/2018/12/03/first-foundation-advisors-takes-position-in-vaneck-vectors-short-high-yield-municipal-index-etf-shyd.html.

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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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