VanEck Short Muni ETF $SMB Stock Acquired by Ascent Group LLC

Ascent Group LLC grew its holdings in VanEck Short Muni ETF (BATS:SMB) by 70.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 111,478 shares of the company’s stock after acquiring an additional 46,129 shares during the period. Ascent Group LLC’s holdings in VanEck Short Muni ETF were worth $1,886,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SMB. Gradient Investments LLC bought a new stake in VanEck Short Muni ETF during the 3rd quarter valued at approximately $2,267,000. NewEdge Advisors LLC purchased a new position in VanEck Short Muni ETF in the 1st quarter worth approximately $661,000. Fifth Third Bancorp bought a new position in VanEck Short Muni ETF in the 1st quarter worth approximately $802,000. Independent Financial Group LLC bought a new position in VanEck Short Muni ETF in the 1st quarter worth approximately $769,000. Finally, PCG Wealth Advisors LLC bought a new position in VanEck Short Muni ETF in the 2nd quarter worth approximately $121,000.

VanEck Short Muni ETF Trading Up 0.1%

SMB traded up $0.02 during trading on Friday, reaching $17.21. 196,007 shares of the company traded hands, compared to its average volume of 126,156. VanEck Short Muni ETF has a 12-month low of $16.82 and a 12-month high of $17.53. The firm has a fifty day simple moving average of $17.07 and a 200 day simple moving average of $17.26.

About VanEck Short Muni ETF

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.