Janney Capital Management LLC Invests $2.45 Million in VanEck Short Muni ETF (BATS:SMB)

Janney Capital Management LLC bought a new stake in VanEck Short Muni ETF (BATS:SMB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 143,606 shares of the company’s stock, valued at approximately $2,454,000.

A number of other hedge funds have also recently made changes to their positions in the company. ST Germain D J Co. Inc. acquired a new stake in VanEck Short Muni ETF during the 4th quarter worth approximately $91,000. Fluent Financial LLC bought a new stake in shares of VanEck Short Muni ETF in the third quarter worth $203,000. Kavar Capital Partners Group LLC acquired a new stake in VanEck Short Muni ETF in the third quarter valued at $216,000. Wealth Enhancement Advisory Services LLC acquired a new stake in VanEck Short Muni ETF in the third quarter valued at $432,000. Finally, Arkadios Wealth Advisors acquired a new position in VanEck Short Muni ETF during the 4th quarter worth about $467,000.

VanEck Short Muni ETF Trading Up 0.3 %

VanEck Short Muni ETF stock opened at $17.13 on Wednesday. The business has a 50 day moving average of $17.15 and a 200 day moving average of $17.17.

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.