44,477 Shares in VanEck Short Muni ETF $SMB Bought by Independent Financial Group LLC

Independent Financial Group LLC bought a new position in VanEck Short Muni ETF (BATS:SMB) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 44,477 shares of the company’s stock, valued at approximately $769,000. Independent Financial Group LLC owned approximately 0.28% of VanEck Short Muni ETF as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SMB. Westside Investment Management Inc. boosted its stake in shares of VanEck Short Muni ETF by 0.9% during the fourth quarter. Westside Investment Management Inc. now owns 68,524 shares of the company’s stock valued at $1,193,000 after purchasing an additional 609 shares in the last quarter. Gradient Investments LLC raised its holdings in VanEck Short Muni ETF by 0.9% in the 4th quarter. Gradient Investments LLC now owns 132,542 shares of the company’s stock valued at $2,308,000 after buying an additional 1,140 shares during the last quarter. Susquehanna International Group LLP raised its holdings in VanEck Short Muni ETF by 11.1% in the 3rd quarter. Susquehanna International Group LLP now owns 11,918 shares of the company’s stock valued at $208,000 after buying an additional 1,192 shares during the last quarter. Capital Asset Advisory Services LLC boosted its position in VanEck Short Muni ETF by 10.9% during the 4th quarter. Capital Asset Advisory Services LLC now owns 19,400 shares of the company’s stock worth $337,000 after buying an additional 1,900 shares during the period. Finally, Axxcess Wealth Management LLC boosted its position in VanEck Short Muni ETF by 10.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 19,400 shares of the company’s stock worth $338,000 after buying an additional 1,900 shares during the period.

VanEck Short Muni ETF Price Performance

SMB opened at $17.26 on Wednesday. VanEck Short Muni ETF has a fifty-two week low of $17.21 and a fifty-two week high of $17.53. The company’s 50 day moving average price is $17.30 and its two-hundred day moving average price is $17.35.

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.