Detalus Advisors LLC Reduces Stock Holdings in VanEck Short Muni ETF (BATS:SMB)

Detalus Advisors LLC cut its stake in shares of VanEck Short Muni ETF (BATS:SMB) by 11.2% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 28,142 shares of the company’s stock after selling 3,553 shares during the period. Detalus Advisors LLC’s holdings in VanEck Short Muni ETF were worth $487,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Comerica Bank lifted its position in shares of VanEck Short Muni ETF by 8.1% during the first quarter. Comerica Bank now owns 20,148 shares of the company’s stock worth $343,000 after purchasing an additional 1,504 shares in the last quarter. Fluent Financial LLC acquired a new position in VanEck Short Muni ETF in the 3rd quarter worth $203,000. IMPACTfolio LLC boosted its position in VanEck Short Muni ETF by 1.3% in 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 during the last quarter. Sei Investments Co. grew its stake 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 valued at $2,610,000 after acquiring an additional 5,675 shares in the last quarter. Finally, PrairieView Partners LLC increased its position 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 acquiring an additional 837 shares during the last quarter.

VanEck Short Muni ETF Stock Performance

SMB traded down $0.02 on Wednesday, reaching $17.19. The company’s stock had a trading volume of 142,166 shares. The firm has a 50-day moving average of $17.23 and a 200 day moving average of $17.08.

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.