VanEck Short Muni ETF (BATS:SMB) Stake Boosted by Cerity Partners LLC

Cerity Partners LLC lifted its stake in shares of VanEck Short Muni ETF (BATS:SMB) by 2.3% during the first quarter, Holdings Channel reports. The firm owned 197,042 shares of the company’s stock after buying an additional 4,390 shares during the period. Cerity Partners LLC’s holdings in VanEck Short Muni ETF were worth $3,376,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE grew its stake in VanEck Short Muni ETF by 4.3% during the 4th quarter. Bank of America Corp DE now owns 2,831,063 shares of the company’s stock worth $48,383,000 after buying an additional 116,822 shares during the last quarter. Allworth Financial LP grew its position in shares of VanEck Short Muni ETF by 8.4% during the first quarter. Allworth Financial LP now owns 1,771,043 shares of the company’s stock worth $30,108,000 after acquiring an additional 137,499 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of VanEck Short Muni ETF by 68.4% in the fourth quarter. JPMorgan Chase & Co. now owns 523,960 shares of the company’s stock valued at $8,954,000 after purchasing an additional 212,839 shares during the period. Ameriprise Financial Inc. increased its position in VanEck Short Muni ETF by 32.3% in the 4th quarter. Ameriprise Financial Inc. now owns 407,821 shares of the company’s stock valued at $6,977,000 after acquiring an additional 99,549 shares during the period. Finally, Sei Investments Co. boosted its position in VanEck Short Muni ETF by 3.4% during the 4th quarter. Sei Investments Co. now owns 211,622 shares of the company’s stock worth $3,617,000 after acquiring an additional 7,023 shares during the period.

VanEck Short Muni ETF Stock Performance

Shares of BATS SMB opened at $17.27 on Friday. The firm’s 50-day simple moving average is $17.18 and its 200 day simple moving average is $17.13. 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 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.