Brand Asset Management Group Inc. Acquires New Shares in VanEck Short Muni ETF (BATS:SMB)

Brand Asset Management Group Inc. acquired a new stake in VanEck Short Muni ETF (BATS:SMB) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,451 shares of the company’s stock, valued at approximately $178,000. Brand Asset Management Group Inc. owned approximately 0.07% of VanEck Short Muni ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Jane Street Group LLC lifted its position in VanEck Short Muni ETF by 146.9% in the 1st quarter. Jane Street Group LLC now owns 1,356,703 shares of the company’s stock valued at $23,091,000 after acquiring an additional 807,253 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of VanEck Short Muni ETF by 3.0% during the 4th quarter. Wells Fargo & Company MN now owns 613,015 shares of the company’s stock valued at $10,476,000 after buying an additional 17,840 shares during the period. Dohj LLC lifted its holdings in shares of VanEck Short Muni ETF by 44.0% during the 1st quarter. Dohj LLC now owns 358,373 shares of the company’s stock valued at $6,100,000 after buying an additional 109,541 shares during the period. PrairieView Partners LLC lifted 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 valued at $5,131,000 after buying an additional 837 shares during the period. Finally, Prosperity Consulting Group LLC bought a new position in shares of VanEck Short Muni ETF during the 1st quarter valued at $4,027,000.

VanEck Short Muni ETF Price Performance

Shares of BATS SMB remained flat at $17.19 during midday trading on Monday. The stock had a trading volume of 32,481 shares. The business’s 50-day simple moving average is $17.06 and its 200 day simple moving average is $17.02.

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.