Private Advisor Group LLC Boosts Stock Holdings in VanEck Short Muni ETF (BATS:SMB)

Private Advisor Group LLC raised its stake in VanEck Short Muni ETF (BATS:SMB) by 30.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,891 shares of the company’s stock after purchasing an additional 13,598 shares during the quarter. Private Advisor Group LLC owned about 0.39% of VanEck Short Muni ETF worth $1,006,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Atria Wealth Solutions Inc. acquired a new position in VanEck Short Muni ETF in the fourth quarter valued at $225,000. Strategic Financial Concepts LLC acquired a new position in shares of VanEck Short Muni ETF in the 4th quarter valued at about $246,000. Allworth Financial LP lifted its stake in shares of VanEck Short Muni ETF by 29.9% in the 4th quarter. Allworth Financial LP now owns 1,633,544 shares of the company’s stock valued at $27,999,000 after purchasing an additional 376,034 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in VanEck Short Muni ETF during the 4th quarter worth approximately $133,000. Finally, Leisure Capital Management purchased a new position in VanEck Short Muni ETF in the fourth quarter valued at approximately $396,000.

VanEck Short Muni ETF Stock Performance

BATS SMB opened at $17.25 on Friday. The firm has a 50 day simple moving average of $17.14 and a 200 day simple moving average of $17.18.

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.