Jane Street Group LLC Cuts Stock Position in VanEck Short Muni ETF (BATS:SMB)

Jane Street Group LLC cut its position in VanEck Short Muni ETF (BATS:SMB) by 78.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,433 shares of the company’s stock after selling 46,263 shares during the quarter. Jane Street Group LLC owned approximately 0.08% of VanEck Short Muni ETF worth $215,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Fluent Financial LLC purchased a new position 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 in the third quarter worth $216,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of VanEck Short Muni ETF during the third quarter worth $432,000. Sanctuary Advisors LLC purchased a new stake in shares of VanEck Short Muni ETF during the 2nd quarter valued at $1,774,000. Finally, MidWestOne Financial Group Inc. boosted its position in shares of VanEck Short Muni ETF by 38.9% in the 2nd quarter. MidWestOne Financial Group Inc. now owns 131,478 shares of the company’s stock worth $2,235,000 after purchasing an additional 36,800 shares in the last quarter.

VanEck Short Muni ETF Trading Down 0.1 %

Shares of SMB stock opened at $17.10 on Monday. The stock’s fifty day simple moving average is $17.15 and its two-hundred day simple moving average is $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.