VanEck Short Muni ETF (BATS:SMB) Stake Boosted by UBS Group AG

UBS Group AG grew its stake in shares of VanEck Short Muni ETF (BATS:SMB – Get Rating) by 155.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 568,699 shares of the company’s stock after purchasing an additional 346,138 shares during the quarter. UBS Group AG’s holdings in VanEck Short Muni ETF were worth $9,600,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SMB. Leisure Capital Management bought a new position in VanEck Short Muni ETF in the 4th quarter worth approximately $3,287,000. PrairieView Partners LLC lifted its position in VanEck Short Muni ETF by 119.6% in the fourth quarter. PrairieView Partners LLC now owns 229,326 shares of the company’s stock worth $3,871,000 after purchasing an additional 124,905 shares during the period. 1900 Wealth Management LLC acquired a new stake in VanEck Short Muni ETF in the fourth quarter worth approximately $1,637,000. Private Advisor Group LLC acquired a new stake in VanEck Short Muni ETF in the fourth quarter worth approximately $617,235,000. Finally, Eagle Global Advisors LLC acquired a new stake in VanEck Short Muni ETF in the fourth quarter worth approximately $557,000.

VanEck Short Muni ETF Price Performance

SMB opened at $16.73 on Wednesday. The business has a fifty day moving average price of $16.91 and a 200 day moving average price of $16.88.

VanEck Short Muni ETF Company Profile

(Get Rating)

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.