Sanctuary Advisors LLC Sells 2,657 Shares of VanEck Short Muni ETF (BATS:SMB)

Sanctuary Advisors LLC lowered its holdings in shares of VanEck Short Muni ETF (BATS:SMB) by 2.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,864 shares of the company’s stock after selling 2,657 shares during the period. Sanctuary Advisors LLC owned approximately 0.68% of VanEck Short Muni ETF worth $1,749,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SMB. Fluent Financial LLC bought a new position in VanEck Short Muni ETF in the 3rd quarter worth about $203,000. Kavar Capital Partners Group LLC purchased a new stake in shares of VanEck Short Muni ETF during the third quarter valued at approximately $216,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of VanEck Short Muni ETF during the third quarter valued at approximately $432,000. FAS Wealth Partners Inc. increased its position in shares of VanEck Short Muni ETF by 2.0% during the second quarter. FAS Wealth Partners Inc. now owns 36,761 shares of the company’s stock valued at $625,000 after acquiring an additional 722 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in VanEck Short Muni ETF by 10.7% in the 3rd quarter. MML Investors Services LLC now owns 102,229 shares of the company’s stock worth $1,768,000 after acquiring an additional 9,855 shares during the last quarter.

VanEck Short Muni ETF Trading Down 0.3 %

SMB stock opened at $17.08 on Friday. The company has a 50-day simple moving average of $17.18 and a 200 day simple moving average of $17.15.

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.