Raymond James & Associates Buys 2,645 Shares of VanEck Short Muni ETF (BATS:SMB)

Raymond James & Associates lifted its stake in shares of VanEck Short Muni ETF (BATS:SMB) by 8.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,595 shares of the company’s stock after acquiring an additional 2,645 shares during the period. Raymond James & Associates’ holdings in VanEck Short Muni ETF were worth $557,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Willis Johnson & Associates Inc. boosted its stake in VanEck Short Muni ETF by 16.7% in the 3rd quarter. Willis Johnson & Associates Inc. now owns 167,869 shares of the company’s stock worth $2,802,000 after purchasing an additional 24,011 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of VanEck Short Muni ETF by 82.3% in the third quarter. Global Retirement Partners LLC now owns 4,347 shares of the company’s stock valued at $72,000 after purchasing an additional 1,962 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of VanEck Short Muni ETF by 0.7% during the third quarter. Integrated Wealth Concepts LLC now owns 137,999 shares of the company’s stock worth $2,303,000 after buying an additional 961 shares during the period. OneAscent Financial Services LLC bought a new position in shares of VanEck Short Muni ETF during the fourth quarter worth about $190,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in VanEck Short Muni ETF in the 3rd quarter valued at approximately $171,000.

VanEck Short Muni ETF Stock Performance

BATS SMB opened at $16.97 on Friday. The company has a 50 day moving average price of $17.01 and a 200 day moving average price of $16.97.

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.