Providence First Trust Co Makes New $48,000 Investment in VanEck Short Muni ETF (BATS:SMB)

Providence First Trust Co purchased a new position in VanEck Short Muni ETF (BATS:SMB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,828 shares of the company’s stock, valued at approximately $48,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SMB. ST Germain D J Co. Inc. purchased a new stake in VanEck Short Muni ETF in the fourth quarter valued at approximately $91,000. Golden State Wealth Management LLC purchased a new stake in VanEck Short Muni ETF in the fourth quarter valued at approximately $133,000. Atria Wealth Solutions Inc. purchased a new stake in VanEck Short Muni ETF in the fourth quarter valued at approximately $225,000. Strategic Financial Concepts LLC purchased a new stake in VanEck Short Muni ETF in the fourth quarter valued at approximately $246,000. Finally, Leisure Capital Management purchased a new stake in VanEck Short Muni ETF in the fourth quarter valued at approximately $396,000.

VanEck Short Muni ETF Trading Up 1.0 %

Shares of SMB opened at $17.25 on Friday. The company has a fifty day moving average of $17.14 and a 200 day 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.