Allworth Financial LP Acquires 376,034 Shares of VanEck Short Muni ETF (BATS:SMB)

Allworth Financial LP increased its holdings in VanEck Short Muni ETF (BATS:SMB) by 29.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,633,544 shares of the company’s stock after purchasing an additional 376,034 shares during the period. Allworth Financial LP owned 0.11% of VanEck Short Muni ETF worth $27,999,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of VanEck Short Muni ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 311,121 shares of the company’s stock worth $5,379,000 after purchasing an additional 30,478 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of VanEck Short Muni ETF in the fourth quarter worth $246,000. Wealth Enhancement Advisory Services LLC bought a new stake in VanEck Short Muni ETF during the third quarter valued at $432,000. Arkadios Wealth Advisors bought a new stake in VanEck Short Muni ETF during the fourth quarter valued at $467,000. Finally, MidWestOne Financial Group Inc. boosted its position in VanEck Short Muni ETF by 7.6% during the third quarter. MidWestOne Financial Group Inc. now owns 141,456 shares of the company’s stock valued at $2,446,000 after acquiring an additional 9,978 shares during the last quarter.

VanEck Short Muni ETF Trading Up 0.6 %

Shares of SMB opened at $17.17 on Friday. The firm’s 50 day moving average price is $17.14 and its two-hundred day moving average price is $17.18.

VanEck Short Muni ETF Company 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.