WealthShield Partners LLC Reduces Position in VanEck Short Muni ETF (BATS:SMB)

WealthShield Partners LLC cut its holdings in shares of VanEck Short Muni ETF (BATS:SMB) by 41.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,962 shares of the company’s stock after selling 3,487 shares during the period. WealthShield Partners LLC’s holdings in VanEck Short Muni ETF were worth $85,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SMB. Allworth Financial LP boosted its position in VanEck Short Muni ETF by 29.9% in the fourth quarter. Allworth Financial LP now owns 1,633,544 shares of the company’s stock worth $27,999,000 after purchasing an additional 376,034 shares during the last quarter. Janney Capital Management LLC purchased a new position in VanEck Short Muni ETF in the fourth quarter worth about $2,454,000. M Holdings Securities Inc. boosted its position in VanEck Short Muni ETF by 7.8% in the third quarter. M Holdings Securities Inc. now owns 572,659 shares of the company’s stock worth $9,901,000 after purchasing an additional 41,642 shares during the last quarter. Cerity Partners LLC boosted its position in VanEck Short Muni ETF by 23.9% in the third quarter. Cerity Partners LLC now owns 185,410 shares of the company’s stock worth $3,206,000 after purchasing an additional 35,785 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in VanEck Short Muni ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 311,121 shares of the company’s stock worth $5,379,000 after purchasing an additional 30,478 shares during the last quarter.

VanEck Short Muni ETF Stock Performance

Shares of BATS:SMB opened at $17.23 on Wednesday. The stock has a 50-day moving average price of $17.14 and a 200-day moving average price of $17.18.

About VanEck Short Muni ETF

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.