Ascent Group LLC Buys Shares of 26,885 VanEck Short Muni ETF $SMB

Ascent Group LLC bought a new stake in shares of VanEck Short Muni ETF (BATS:SMB) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 26,885 shares of the company’s stock, valued at approximately $461,000. Ascent Group LLC owned approximately 0.17% of VanEck Short Muni ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised its position in VanEck Short Muni ETF by 4.3% during the 4th quarter. Bank of America Corp DE now owns 2,831,063 shares of the company’s stock valued at $48,383,000 after purchasing an additional 116,822 shares in the last quarter. Allworth Financial LP raised its position in VanEck Short Muni ETF by 8.4% during the 1st quarter. Allworth Financial LP now owns 1,771,043 shares of the company’s stock valued at $30,108,000 after purchasing an additional 137,499 shares in the last quarter. M Holdings Securities Inc. raised its position in VanEck Short Muni ETF by 7.9% during the 1st quarter. M Holdings Securities Inc. now owns 613,049 shares of the company’s stock valued at $10,505,000 after purchasing an additional 45,078 shares in the last quarter. Ameriprise Financial Inc. raised its position in VanEck Short Muni ETF by 32.3% during the 4th quarter. Ameriprise Financial Inc. now owns 407,821 shares of the company’s stock valued at $6,977,000 after purchasing an additional 99,549 shares in the last quarter. Finally, Condor Capital Management raised its position in shares of VanEck Short Muni ETF by 4.4% in the 1st quarter. Condor Capital Management now owns 214,518 shares of the company’s stock worth $3,676,000 after acquiring an additional 9,085 shares in the last quarter.

VanEck Short Muni ETF Price Performance

SMB opened at $17.42 on Thursday. VanEck Short Muni ETF has a 12 month low of $16.70 and a 12 month high of $17.29. The stock has a fifty day moving average price of $17.31 and a 200-day moving average price of $17.18.

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.