MidWestOne Financial Group Inc. Increases Holdings in VanEck Short Muni ETF (BATS:SMB)

MidWestOne Financial Group Inc. boosted its position in VanEck Short Muni ETF (BATS:SMB) by 7.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,456 shares of the company’s stock after purchasing an additional 9,978 shares during the period. MidWestOne Financial Group Inc. owned about 0.94% of VanEck Short Muni ETF worth $2,446,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SMB. Allworth Financial LP lifted its holdings in shares of VanEck Short Muni ETF by 14.8% in the third quarter. Allworth Financial LP now owns 1,257,510 shares of the company’s stock valued at $21,742,000 after purchasing an additional 161,665 shares in the last quarter. M Holdings Securities Inc. grew its holdings in VanEck Short Muni ETF by 7.8% during the 3rd quarter. M Holdings Securities Inc. now owns 572,659 shares of the company’s stock valued at $9,901,000 after buying an additional 41,642 shares during the last quarter. Willis Johnson & Associates Inc. increased its position in VanEck Short Muni ETF by 1.4% during the second quarter. Willis Johnson & Associates Inc. now owns 245,333 shares of the company’s stock worth $4,171,000 after buying an additional 3,294 shares in the last quarter. Condor Capital Management raised its holdings in shares of VanEck Short Muni ETF by 4.2% in the second quarter. Condor Capital Management now owns 196,221 shares of the company’s stock worth $3,336,000 after acquiring an additional 7,943 shares during the last quarter. Finally, Sei Investments Co. increased its position in 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 in the last quarter.

VanEck Short Muni ETF Stock Performance

BATS:SMB opened at $17.22 on Tuesday. The company has a 50-day moving average price of $17.19 and a 200-day moving average price of $17.14.

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.