Allworth Financial LP Boosts Position in VanEck Short Muni ETF $SMB

Allworth Financial LP boosted its holdings in VanEck Short Muni ETF (BATS:SMBFree Report) by 7.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,165,925 shares of the company’s stock after buying an additional 152,768 shares during the quarter. Allworth Financial LP owned about 0.14% of VanEck Short Muni ETF worth $37,709,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its holdings in shares of VanEck Short Muni ETF by 1,076.2% in the third quarter. Raymond James Financial Inc. now owns 902,016 shares of the company’s stock valued at $15,713,000 after acquiring an additional 825,327 shares during the period. Savant Capital LLC acquired a new position in shares of VanEck Short Muni ETF in the 3rd quarter valued at $5,719,000. Valeo Financial Advisors LLC acquired a new position in shares of VanEck Short Muni ETF in the 4th quarter valued at $2,733,000. Bank of America Corp DE raised its position in VanEck Short Muni ETF by 4.2% in the 3rd quarter. Bank of America Corp DE now owns 1,960,445 shares of the company’s stock valued at $34,151,000 after purchasing an additional 79,720 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in VanEck Short Muni ETF in the 1st quarter valued at $940,000.

VanEck Short Muni ETF Stock Performance

Shares of BATS:SMB opened at $17.25 on Thursday. VanEck Short Muni ETF has a 1-year low of $17.06 and a 1-year high of $17.53. The firm has a fifty day moving average price of $17.32 and a 200 day moving average price of $17.36.

VanEck Short Muni ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Short Muni ETF (BATS:SMBFree Report).

Institutional Ownership by Quarter for VanEck Short Muni ETF (BATS:SMB)

Receive News & Ratings for VanEck Short Muni ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Short Muni ETF and related companies with MarketBeat.com's FREE daily email newsletter.