VanEck Short Muni ETF (BATS:SMB) Shares Bought by M Holdings Securities Inc.

M Holdings Securities Inc. increased its stake in shares of VanEck Short Muni ETF (BATS:SMB) by 7.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 572,659 shares of the company’s stock after buying an additional 41,642 shares during the quarter. VanEck Short Muni ETF comprises approximately 2.5% of M Holdings Securities Inc.’s investment portfolio, making the stock its 9th biggest holding. M Holdings Securities Inc. owned 3.81% of VanEck Short Muni ETF worth $9,901,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its position in VanEck Short Muni ETF by 146.9% during the 1st quarter. Jane Street Group LLC now owns 1,356,703 shares of the company’s stock worth $23,091,000 after purchasing an additional 807,253 shares during the period. Allworth Financial LP grew its holdings in VanEck Short Muni ETF by 14.8% during the third quarter. Allworth Financial LP now owns 1,257,510 shares of the company’s stock worth $21,742,000 after acquiring an additional 161,665 shares during the period. Sanctuary Advisors LLC acquired a new position in VanEck Short Muni ETF in the second quarter valued at approximately $1,774,000. Diversified Portfolios Inc. purchased a new stake in VanEck Short Muni ETF in the 2nd quarter worth approximately $1,582,000. Finally, Sei Investments Co. grew its stake in shares of VanEck Short Muni ETF by 24.1% during the 2nd quarter. Sei Investments Co. now owns 190,266 shares of the company’s stock worth $3,235,000 after purchasing an additional 36,903 shares during the period.

VanEck Short Muni ETF Price Performance

SMB opened at $17.17 on Friday. The company has a 50-day moving average price of $17.20 and a two-hundred day moving average price of $17.12.

About VanEck Short Muni ETF

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.