NewEdge Advisors LLC bought a new position in VanEck Short Muni ETF (BATS:SMB – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 38,236 shares of the company’s stock, valued at approximately $661,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Arkadios Wealth Advisors lifted its holdings in shares of VanEck Short Muni ETF by 1.8% during the first quarter. Arkadios Wealth Advisors now owns 35,566 shares of the company’s stock valued at $615,000 after purchasing an additional 643 shares during the last quarter. Cetera Investment Advisers increased its stake in VanEck Short Muni ETF by 2.2% in the 1st quarter. Cetera Investment Advisers now owns 51,920 shares of the company’s stock worth $898,000 after purchasing an additional 1,130 shares in the last quarter. Independent Financial Group LLC acquired a new stake in VanEck Short Muni ETF during the 1st quarter worth about $769,000. Fifth Third Bancorp acquired a new stake in VanEck Short Muni ETF during the 1st quarter worth about $802,000. Finally, IMPACTfolio LLC lifted its stake in VanEck Short Muni ETF by 5.6% during the first quarter. IMPACTfolio LLC now owns 172,924 shares of the company’s stock valued at $2,992,000 after buying an additional 9,134 shares in the last quarter.
VanEck Short Muni ETF Trading Down 0.1%
Shares of SMB opened at $17.23 on Friday. VanEck Short Muni ETF has a one year low of $17.18 and a one year high of $17.53. The company has a 50-day moving average of $17.28 and a two-hundred day moving average of $17.32.
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.
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