Kavar Capital Partners Group LLC purchased a new stake in VanEck Short Muni ETF (BATS:SMB – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,500 shares of the company’s stock, valued at approximately $216,000. Kavar Capital Partners Group LLC owned 0.08% of VanEck Short Muni ETF at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of SMB. Comerica Bank raised its stake in shares of VanEck Short Muni ETF by 8.1% during the 1st quarter. Comerica Bank now owns 20,148 shares of the company’s stock worth $343,000 after purchasing an additional 1,504 shares during the period. Fluent Financial LLC purchased a new position in VanEck Short Muni ETF during the 3rd quarter valued at about $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. grew its holdings in shares of VanEck Short Muni ETF by 3.8% during the first quarter. Sei Investments Co. now owns 153,363 shares of the company’s stock worth $2,610,000 after purchasing an additional 5,675 shares in the last quarter. Finally, PrairieView Partners LLC grew its holdings in shares of VanEck Short Muni ETF by 0.3% during the first quarter. PrairieView Partners LLC now owns 301,418 shares of the company’s stock worth $5,131,000 after purchasing an additional 837 shares in the last quarter.
VanEck Short Muni ETF Price Performance
Shares of BATS SMB opened at $17.15 on Friday. The stock’s 50 day simple moving average is $17.23 and its 200-day simple moving average 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.
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