JPMorgan Chase & Co. Acquires 212,839 Shares of VanEck Short Muni ETF (BATS:SMB)

JPMorgan Chase & Co. lifted its stake in VanEck Short Muni ETF (BATS:SMB) by 68.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 523,960 shares of the company’s stock after purchasing an additional 212,839 shares during the period. JPMorgan Chase & Co. owned 3.48% of VanEck Short Muni ETF worth $8,954,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. MML Investors Services LLC increased its position in VanEck Short Muni ETF by 10.7% in the third quarter. MML Investors Services LLC now owns 102,229 shares of the company’s stock worth $1,768,000 after buying an additional 9,855 shares in the last quarter. IMPACTfolio LLC grew its stake in shares of VanEck Short Muni ETF by 4.7% during the 4th quarter. IMPACTfolio LLC now owns 138,240 shares of the company’s stock valued at $2,363,000 after acquiring an additional 6,216 shares during the period. ST Germain D J Co. Inc. purchased a new stake in VanEck Short Muni ETF in the 4th quarter worth approximately $91,000. Arkadios Wealth Advisors bought a new stake in VanEck Short Muni ETF during the 4th quarter worth approximately $467,000. Finally, Janney Capital Management LLC bought a new stake in VanEck Short Muni ETF during the 4th quarter worth approximately $2,454,000.

VanEck Short Muni ETF Trading Down 0.9 %

SMB opened at $16.93 on Wednesday. The company has a 50 day simple moving average of $17.12 and a two-hundred day simple moving average of $17.15. VanEck Short Muni ETF has a 1-year low of $16.70 and a 1-year high of $17.29.

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.