Bank of America Corp DE Purchases 116,822 Shares of VanEck Short Muni ETF (BATS:SMB)

Bank of America Corp DE lifted its position in shares of VanEck Short Muni ETF (BATS:SMB) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,831,063 shares of the company’s stock after acquiring an additional 116,822 shares during the quarter. Bank of America Corp DE owned approximately 0.19% of VanEck Short Muni ETF worth $48,383,000 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 SMB. Allworth Financial LP raised its position in shares of VanEck Short Muni ETF by 29.9% during the fourth quarter. Allworth Financial LP now owns 1,633,544 shares of the company’s stock worth $27,999,000 after acquiring an additional 376,034 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of VanEck Short Muni ETF by 68.4% during the fourth quarter. JPMorgan Chase & Co. now owns 523,960 shares of the company’s stock worth $8,954,000 after acquiring an additional 212,839 shares during the last quarter. Janney Capital Management LLC bought a new stake in shares of VanEck Short Muni ETF during the fourth quarter worth $2,454,000. Integrated Wealth Concepts LLC raised its position in shares of VanEck Short Muni ETF by 162.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 182,524 shares of the company’s stock worth $3,119,000 after acquiring an additional 112,903 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of VanEck Short Muni ETF by 32.3% during the fourth quarter. Ameriprise Financial Inc. now owns 407,821 shares of the company’s stock worth $6,977,000 after acquiring an additional 99,549 shares during the last quarter.

VanEck Short Muni ETF Stock Performance

SMB stock opened at $17.08 on Thursday. The business has a fifty day moving average of $17.04 and a 200-day moving average of $17.12. VanEck Short Muni ETF has a twelve month low of $16.70 and a twelve month high of $17.29.

VanEck Short Muni ETF Company 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.