IMPACTfolio LLC Grows Position in VanEck Short Muni ETF (BATS:SMB)

IMPACTfolio LLC increased its position in VanEck Short Muni ETF (BATS:SMB) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 138,240 shares of the company’s stock after buying an additional 6,216 shares during the quarter. VanEck Short Muni ETF accounts for approximately 1.2% of IMPACTfolio LLC’s holdings, making the stock its 12th biggest holding. IMPACTfolio LLC owned about 0.92% of VanEck Short Muni ETF worth $2,363,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SMB. Fluent Financial LLC bought a new stake in shares of VanEck Short Muni ETF in the 3rd quarter worth approximately $203,000. Kavar Capital Partners Group LLC purchased a new position in VanEck Short Muni ETF during the 3rd quarter valued at $216,000. Wealth Enhancement Advisory Services LLC bought a new position in VanEck Short Muni ETF in the 3rd quarter worth $432,000. MML Investors Services LLC lifted its position in shares of VanEck Short Muni ETF by 10.7% in the 3rd quarter. MML Investors Services LLC now owns 102,229 shares of the company’s stock worth $1,768,000 after purchasing an additional 9,855 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in shares of VanEck Short Muni ETF during the 2nd quarter valued at about $1,774,000.

VanEck Short Muni ETF Price Performance

Shares of BATS SMB traded up $0.01 during midday trading on Thursday, hitting $17.09. 111,523 shares of the company traded hands. The firm has a 50-day moving average of $17.16 and a 200-day moving average of $17.16.

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.