Nia Impact Advisors LLC Sells 20,750 Shares of VanEck HIP Sustainable Muni ETF (BATS:SMI)

Nia Impact Advisors LLC trimmed its position in shares of VanEck HIP Sustainable Muni ETF (BATS:SMI) by 32.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,664 shares of the company’s stock after selling 20,750 shares during the quarter. Nia Impact Advisors LLC owned approximately 10.92% of VanEck HIP Sustainable Muni ETF worth $2,007,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SMI. Natural Investments LLC bought a new stake in shares of VanEck HIP Sustainable Muni ETF in the 4th quarter worth approximately $928,000. Impact Investors Inc bought a new stake in shares of VanEck HIP Sustainable Muni ETF in the 4th quarter worth approximately $944,000. Finally, Jane Street Group LLC boosted its position in shares of VanEck HIP Sustainable Muni ETF by 10.0% in the 4th quarter. Jane Street Group LLC now owns 46,608 shares of the company’s stock worth $2,143,000 after purchasing an additional 4,242 shares in the last quarter.

VanEck HIP Sustainable Muni ETF Price Performance

Shares of SMI opened at $44.70 on Wednesday. The business’s 50 day moving average price is $44.93 and its 200-day moving average price is $45.77. VanEck HIP Sustainable Muni ETF has a 52 week low of $43.28 and a 52 week high of $47.05.

VanEck HIP Sustainable Muni ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.0948 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About VanEck HIP Sustainable Muni ETF

The VanEck HIP Sustainable Muni ETF (SMI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that provides exposure to AMT-free, investment-grade US municipal bonds of any maturity that support sustainable development. SMI was launched on Sep 8, 2021 and is managed by VanEck.