Sanctuary Advisors LLC Buys New Stake in VanEck Short Muni ETF (BATS:SMB)

Sanctuary Advisors LLC acquired a new stake in VanEck Short Muni ETF (BATS:SMB) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 104,521 shares of the company’s stock, valued at approximately $1,774,000. Sanctuary Advisors LLC owned 0.69% of VanEck Short Muni ETF at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. MidWestOne Financial Group Inc. grew its position in VanEck Short Muni ETF by 38.9% in the second quarter. MidWestOne Financial Group Inc. now owns 131,478 shares of the company’s stock valued at $2,235,000 after acquiring an additional 36,800 shares during the period. Sei Investments Co. increased its holdings in VanEck Short Muni ETF by 24.1% during the 2nd quarter. Sei Investments Co. now owns 190,266 shares of the company’s stock valued at $3,235,000 after purchasing an additional 36,903 shares in the last quarter. Condor Capital Management raised its position in VanEck Short Muni ETF by 4.2% in the 2nd quarter. Condor Capital Management now owns 196,221 shares of the company’s stock valued at $3,336,000 after purchasing an additional 7,943 shares during the last quarter. Willis Johnson & Associates Inc. boosted its stake in VanEck Short Muni ETF by 1.4% in the second quarter. Willis Johnson & Associates Inc. now owns 245,333 shares of the company’s stock worth $4,171,000 after purchasing an additional 3,294 shares in the last quarter. Finally, FAS Wealth Partners Inc. grew its holdings in shares of VanEck Short Muni ETF by 2.0% during the second quarter. FAS Wealth Partners Inc. now owns 36,761 shares of the company’s stock worth $625,000 after purchasing an additional 722 shares during the last quarter.

VanEck Short Muni ETF Price Performance

VanEck Short Muni ETF stock opened at $17.22 on Wednesday. The firm has a 50-day simple moving average of $17.22 and a 200-day simple moving average of $17.07.

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.