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BATS:SHYD

VanEck Short High Yield Muni ETF (SHYD) Price, Holdings, & News

$22.27
+0.01 (+0.04%)
(As of 06/17/2024 ET)
Today's Range
$22.23
$22.31
50-Day Range
$22.06
$22.46
52-Week Range
N/A
Volume
55,484 shs
Average Volume
N/A
Market Capitalization
$320.69 million
Assets Under Management
$322.75 million
Dividend Yield
3.04%
Net Expense Ratio
0.35%

About VanEck Short High Yield Muni ETF

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.

SHYD Stock Price History

SHYD ETF News Headlines

A scientific breakthrough in energy technology?
At first glance, it looks like some ordinary “orange” powder… But in reality, it is a scientific breakthrough in energy technology. One that could wipe out fossil fuel, coal, and even the “glorified” renewable energy in just a few years. And right now, governments, institutions, and the elites are jumping on this resource at record pace to the point where we’re starting to run out. The question is… Why are the top 1% piling in this much? And more importantly, what will be the implications of this act by the elites on YOU and of course, the stock market?
A scientific breakthrough in energy technology?
At first glance, it looks like some ordinary “orange” powder… But in reality, it is a scientific breakthrough in energy technology. One that could wipe out fossil fuel, coal, and even the “glorified” renewable energy in just a few years. And right now, governments, institutions, and the elites are jumping on this resource at record pace to the point where we’re starting to run out. The question is… Why are the top 1% piling in this much? And more importantly, what will be the implications of this act by the elites on YOU and of course, the stock market?
See More Headlines
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Fund Details

Issuer
Van Eck
Fund Name
VanEck Short High Yield Muni ETF
Tax Classification
Regulated Investment Company
Inception Date
1/13/2014
Fund Manager
James Colby III, Stephanie Wang
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
ICE 1-12 Year High Yield Crossover Municipal Bond Index
Category
Municipals
Focus
High Yield
Development Level
Developed Markets
Region
North America
Number of Holdings
462

Fund Statistics

Assets Under Management
$322.84 million
Average Daily Volume
$53,757.80
Discount/Premium
-0.16%

Administrator, Advisor and Custodian

Administrator
Van Eck Associates Corporation
Advisor
Van Eck Associates Corporation
Custodian
State Street Bank and Trust Company
Distributor
Van Eck Securities Corporation
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Susquehanna

Miscellaneous

Beta
0.03
Creation Fee
$250.00
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VanEck Short High Yield Muni ETF Expenses

TypeSHYDHigh Yield ETFsFixed Income ETFsBATS ETFsAll ETFs
Management Fee0.35%0.42%0.32%0.56%0.51%
Other Expenses0.00%0.23%0.26%0.49%0.54%
Total Expense0.35%0.49%0.40%0.70%0.71%
Fee Waiver0.00%-0.31%-0.25%-0.37%-0.60%
Net Expense0.35%0.42%0.35%0.64%0.58%

VanEck Short High Yield Muni ETF (SHYD) Holdings & Exposure

Top 10 SHYD Holdings

  • CALIFORNIA MUN FIN AUTH SPL FAC REV 4%
    Holding Weight: 2.06%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 5%
    Holding Weight: 1.42%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 4%
    Holding Weight: 1.37%
  • MISSION TEX ECONOMIC DEV CORP REV 4.625%
    Holding Weight: 1.31%
  • NEW YORK TRANSN DEV CORP SPL FAC REV 5%
    Holding Weight: 1.29%
  • PUERTO RICO COMWLTH 4%
    Holding Weight: 1.26%
  • PUERTO RICO COMWLTH 5.375%
    Holding Weight: 1.14%
  • PUERTO RICO COMWLTH 5.625%
    Holding Weight: 1.01%
  • CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%
    Holding Weight: 0.99%
  • PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%
    Holding Weight: 0.98%

SHYD Sector Exposure

SHYD Industry Exposure


SHYD ETF - Frequently Asked Questions

How have SHYD shares performed in 2024?

VanEck Short High Yield Muni ETF's stock was trading at $22.13 at the beginning of the year. Since then, SHYD stock has increased by 0.6% and is now trading at $22.27.
View the best growth stocks for 2024 here
.

How often does VanEck Short High Yield Muni ETF pay dividends? What is the dividend yield for VanEck Short High Yield Muni ETF?

VanEck Short High Yield Muni ETF declared a dividend on Friday, May 31st. Stockholders of record on Monday, June 3rd will be paid a dividend of $0.059 per share on Thursday, June 6th. The ex-dividend date is Monday, June 3rd.
Read our dividend analysis for SHYD
.

What does SHYD invest in?

VanEck Short High Yield Muni ETF is a fixed income fund issued by Van Eck. SHYD focuses on high yield investments and follows the ICE 1-12 Year High Yield Crossover Municipal Bond Index. The fund's investments total to approximately $322.75 million assets under management.

What is the management fee for VanEck Short High Yield Muni ETF?

VanEck Short High Yield Muni ETF's management fee is 0.35% and has no other recorded expenses or fee waivers. The net expense ratio for SHYD is 0.35%.

Who are VanEck Short High Yield Muni ETF's major shareholders?

VanEck Short High Yield Muni ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Fragasso Group Inc. (1.86%), Jane Street Group LLC (1.93%), Dakota Wealth Management (1.84%), First Foundation Advisors (0.95%), Willis Johnson & Associates Inc. (0.75%) and Wealthcare Advisory Partners LLC (0.74%).

How do I buy shares of VanEck Short High Yield Muni ETF?

Shares of SHYD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (BATS:SHYD) was last updated on 6/18/2024 by MarketBeat.com Staff

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