VanEck Short Muni ETF (BATS:SMB) Shares Bought by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV grew its stake in shares of VanEck Short Muni ETF (BATS:SMB) by 80.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,900 shares of the company’s stock after acquiring an additional 20,409 shares during the period. Massmutual Trust Co. FSB ADV owned about 0.30% of VanEck Short Muni ETF worth $780,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SMB. PrairieView Partners LLC increased its position in VanEck Short Muni ETF by 0.3% during the first quarter. PrairieView Partners LLC now owns 301,418 shares of the company’s stock worth $5,131,000 after buying an additional 837 shares in the last quarter. Juncture Wealth Strategies LLC raised its position in shares of VanEck Short Muni ETF by 1.6% during the 1st quarter. Juncture Wealth Strategies LLC now owns 57,718 shares of the company’s stock worth $982,000 after buying an additional 890 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of VanEck Short Muni ETF by 4.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 29,148 shares of the company’s stock worth $498,000 after acquiring an additional 1,148 shares during the period. PFG Investments LLC boosted its holdings in shares of VanEck Short Muni ETF by 6.5% in the first quarter. PFG Investments LLC now owns 21,918 shares of the company’s stock valued at $373,000 after acquiring an additional 1,345 shares in the last quarter. Finally, Comerica Bank increased its stake in shares of VanEck Short Muni ETF by 8.1% during the first quarter. Comerica Bank now owns 20,148 shares of the company’s stock valued at $343,000 after acquiring an additional 1,504 shares during the period.

VanEck Short Muni ETF Price Performance

SMB remained flat at $17.16 during trading on Tuesday. The company’s stock had a trading volume of 68,161 shares. The firm has a 50-day simple moving average of $17.02 and a two-hundred day simple moving average of $17.01.

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.