Allworth Financial LP Grows Stake in VanEck Short Muni ETF (BATS:SMB)

Allworth Financial LP increased its holdings in VanEck Short Muni ETF (BATS:SMB) by 14.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,257,510 shares of the company’s stock after purchasing an additional 161,665 shares during the period. Allworth Financial LP owned 8.36% of VanEck Short Muni ETF worth $21,742,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SMB. Comerica Bank grew its position in shares of VanEck Short Muni ETF by 8.1% during the first quarter. Comerica Bank now owns 20,148 shares of the company’s stock valued at $343,000 after purchasing an additional 1,504 shares in the last quarter. Fluent Financial LLC bought a new position in VanEck Short Muni ETF during the third quarter valued at approximately $203,000. IMPACTfolio LLC grew its holdings in VanEck Short Muni ETF by 1.3% during the 3rd quarter. IMPACTfolio LLC now owns 132,024 shares of the company’s stock valued at $2,283,000 after buying an additional 1,695 shares in the last quarter. Sei Investments Co. increased its stake in VanEck Short Muni ETF by 3.8% in the 1st quarter. Sei Investments Co. now owns 153,363 shares of the company’s stock worth $2,610,000 after acquiring an additional 5,675 shares during the last quarter. Finally, PrairieView Partners LLC raised its holdings in shares of VanEck Short Muni ETF by 0.3% during the 1st quarter. PrairieView Partners LLC now owns 301,418 shares of the company’s stock worth $5,131,000 after acquiring an additional 837 shares in the last quarter.

VanEck Short Muni ETF Price Performance

BATS SMB opened at $17.15 on Friday. The firm’s 50 day moving average price is $17.23 and its 200 day moving average price is $17.09.

VanEck Short Muni ETF 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.