Cherry Tree Wealth Management LLC Sells 669 Shares of VanEck Short Muni ETF (BATS:SMB)

Cherry Tree Wealth Management LLC cut its holdings in VanEck Short Muni ETF (BATS:SMB) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,472 shares of the company’s stock after selling 669 shares during the period. Cherry Tree Wealth Management LLC owned 0.08% of VanEck Short Muni ETF worth $213,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Allworth Financial LP increased its stake in shares of 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 period. M Holdings Securities Inc. increased its stake in shares of 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 period. Dohj LLC increased its stake in shares of VanEck Short Muni ETF by 4.1% in the fourth quarter. Dohj LLC now owns 367,189 shares of the company’s stock worth $6,275,000 after purchasing an additional 14,514 shares during the period. JPMorgan Chase & Co. increased its stake in shares of 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 period. Finally, Cerity Partners LLC increased its stake in shares of 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 period.

VanEck Short Muni ETF Stock Performance

Shares of SMB opened at $17.20 on Monday. The firm’s 50-day moving average price is $17.13 and its 200-day moving average price is $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.