Cwm LLC Buys Shares of 4,384 VanEck Short Muni ETF (BATS:SMB)

Cwm LLC purchased a new position in shares of VanEck Short Muni ETF (BATS:SMB) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,384 shares of the company’s stock, valued at approximately $75,000.

Other hedge funds have also made changes to their positions in the company. Raymond James & Associates boosted its position in VanEck Short Muni ETF by 5.0% during the third quarter. Raymond James & Associates now owns 29,950 shares of the company’s stock worth $500,000 after purchasing an additional 1,414 shares during the period. Stratos Wealth Partners LTD. acquired a new position in VanEck Short Muni ETF in the 3rd quarter valued at $171,000. Allworth Financial LP raised its holdings in VanEck Short Muni ETF by 56.3% in the 3rd quarter. Allworth Financial LP now owns 858,104 shares of the company’s stock worth $14,322,000 after acquiring an additional 308,992 shares during the period. Merit Financial Group LLC acquired a new position in VanEck Short Muni ETF during the 3rd quarter worth $495,000. Finally, Strategic Financial Concepts LLC boosted its holdings in VanEck Short Muni ETF by 13.6% during the third quarter. Strategic Financial Concepts LLC now owns 12,780 shares of the company’s stock valued at $213,000 after acquiring an additional 1,532 shares during the period.

VanEck Short Muni ETF Stock Performance

Shares of BATS:SMB opened at $16.98 on Wednesday. The company has a 50-day simple moving average of $16.99 and a 200-day simple moving average of $16.99.

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.