VanEck Short Muni ETF (BATS:SMB) Shares Sold by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC decreased its holdings in VanEck Short Muni ETF (BATS:SMB) by 7.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 218,623 shares of the company’s stock after selling 17,978 shares during the quarter. Prosperity Consulting Group LLC owned about 1.45% of VanEck Short Muni ETF worth $3,717,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp acquired a new stake in VanEck Short Muni ETF in the fourth quarter worth about $168,000. Brand Asset Management Group Inc. acquired a new position in VanEck Short Muni ETF in the 2nd quarter worth approximately $178,000. Joseph Group Capital Management purchased a new stake in shares of VanEck Short Muni ETF in the 4th quarter valued at $244,000. Miracle Mile Advisors LLC purchased a new stake in shares of VanEck Short Muni ETF in the 1st quarter valued at $275,000. Finally, Comerica Bank increased its stake in shares of VanEck Short Muni ETF by 8.1% in the first quarter. Comerica Bank now owns 20,148 shares of the company’s stock worth $343,000 after acquiring an additional 1,504 shares during the period.

VanEck Short Muni ETF Price Performance

BATS SMB opened at $17.25 on Friday. The firm’s 50-day simple moving average is $17.16 and its two-hundred day simple moving average is $17.04.

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.