VanEck Short Muni ETF (BATS:SMB) Stock Position Lowered by M Holdings Securities Inc.

M Holdings Securities Inc. trimmed its position in shares of VanEck Short Muni ETF (BATS:SMB) by 98.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,707 shares of the company’s stock after selling 562,952 shares during the period. M Holdings Securities Inc.’s holdings in VanEck Short Muni ETF were worth $166,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in SMB. Allworth Financial LP lifted its position in 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 worth $27,999,000 after buying an additional 376,034 shares in the last quarter. Janney Capital Management LLC acquired a new position in shares of VanEck Short Muni ETF in the fourth quarter worth $2,454,000. Raymond James Financial Inc. purchased a new stake in shares of VanEck Short Muni ETF during the fourth quarter worth $1,262,000. Cerity Partners LLC boosted its position in VanEck Short Muni ETF by 23.9% during the third quarter. Cerity Partners LLC now owns 185,410 shares of the company’s stock valued at $3,206,000 after purchasing an additional 35,785 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in VanEck Short Muni ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 311,121 shares of the company’s stock valued at $5,379,000 after purchasing an additional 30,478 shares in the last quarter.

VanEck Short Muni ETF Stock Up 0.6 %

Shares of SMB stock opened at $17.17 on Friday. VanEck Short Muni ETF has a fifty-two week low of $16.85 and a fifty-two week high of $17.29. The stock’s 50-day moving average is $17.16 and its two-hundred day moving average is $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.