Arkadios Wealth Advisors Raises Position in VanEck Short Muni ETF $SMB

Arkadios Wealth Advisors increased its holdings in VanEck Short Muni ETF (BATS:SMB) by 10.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 34,500 shares of the company’s stock after acquiring an additional 3,300 shares during the quarter. Arkadios Wealth Advisors’ holdings in VanEck Short Muni ETF were worth $595,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Liberty Square Wealth Partners LLC raised its holdings in shares of VanEck Short Muni ETF by 2.0% in the 1st quarter. Liberty Square Wealth Partners LLC now owns 32,509 shares of the company’s stock valued at $557,000 after acquiring an additional 652 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in VanEck Short Muni ETF by 39.4% in the first quarter. Axxcess Wealth Management LLC now owns 19,800 shares of the company’s stock valued at $339,000 after purchasing an additional 5,600 shares in the last quarter. Allworth Financial LP raised its stake in VanEck Short Muni ETF by 8.4% in the first quarter. Allworth Financial LP now owns 1,771,043 shares of the company’s stock valued at $30,108,000 after purchasing an additional 137,499 shares in the last quarter. Cerity Partners LLC raised its stake in VanEck Short Muni ETF by 2.3% in the first quarter. Cerity Partners LLC now owns 197,042 shares of the company’s stock valued at $3,376,000 after purchasing an additional 4,390 shares in the last quarter. Finally, Private Advisor Group LLC raised its stake in VanEck Short Muni ETF by 5.7% in the first quarter. Private Advisor Group LLC now owns 62,258 shares of the company’s stock valued at $1,067,000 after purchasing an additional 3,367 shares in the last quarter.

VanEck Short Muni ETF Stock Performance

VanEck Short Muni ETF stock opened at $17.30 on Tuesday. The firm’s fifty day moving average price is $17.39 and its 200-day moving average price is $17.26. VanEck Short Muni ETF has a fifty-two week low of $16.70 and a fifty-two week high of $17.29.

VanEck Short Muni ETF Profile

The VanEck Short Muni ETF (SMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of investment grade, tax-exempt US municipal bonds with nominal maturities of 1-6 years. SMB was launched on Feb 22, 2008 and is managed by VanEck.