Allworth Financial LP Has $39.55 Million Stock Holdings in VanEck Short Muni ETF $SMB

Allworth Financial LP trimmed its position in VanEck Short Muni ETF (BATS:SMB – Free Report) by 4.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,277,664 shares of the company’s stock after selling 97,346 shares during the quarter. Allworth Financial LP owned 0.14% of VanEck Short Muni ETF worth $39,549,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SMB. Raymond James Financial Inc. raised its position in VanEck Short Muni ETF by 1,076.2% during the third quarter. Raymond James Financial Inc. now owns 902,016 shares of the company’s stock valued at $15,713,000 after purchasing an additional 825,327 shares in the last quarter. Valeo Financial Advisors LLC bought a new position in shares of VanEck Short Muni ETF in the 4th quarter valued at $2,733,000. Janney Montgomery Scott LLC bought a new position in shares of VanEck Short Muni ETF in the 1st quarter valued at $2,523,000. Bank of America Corp DE raised its holdings in shares of VanEck Short Muni ETF by 4.2% during the 3rd quarter. Bank of America Corp DE now owns 1,960,445 shares of the company’s stock worth $34,151,000 after buying an additional 79,720 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of VanEck Short Muni ETF during the 1st quarter worth $940,000.

VanEck Short Muni ETF Price Performance

Shares of SMB stock traded up $0.01 on Tuesday, hitting $17.14. 64,448 shares of the company’s stock were exchanged, compared to its average volume of 80,742. The company has a 50 day moving average of $17.24 and a 200 day moving average of $17.30. VanEck Short Muni ETF has a 12 month low of $17.12 and a 12 month high of $17.53.

VanEck Short Muni ETF Profile

(Free Report)

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.

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