Leisure Capital Management Makes New $396,000 Investment in VanEck Short Muni ETF (BATS:SMB)

Leisure Capital Management acquired a new stake in shares of VanEck Short Muni ETF (BATS:SMB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 23,171 shares of the company’s stock, valued at approximately $396,000. Leisure Capital Management owned approximately 0.15% of VanEck Short Muni ETF as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. ST Germain D J Co. Inc. bought a new position in VanEck Short Muni ETF in the fourth quarter valued at $91,000. Kavar Capital Partners Group LLC purchased a new position in shares of VanEck Short Muni ETF during the 3rd quarter valued at about $216,000. Wealth Enhancement Advisory Services LLC bought a new stake in VanEck Short Muni ETF in the 3rd quarter worth approximately $432,000. Arkadios Wealth Advisors purchased a new stake in VanEck Short Muni ETF in the fourth quarter worth approximately $467,000. Finally, MML Investors Services LLC grew its position in VanEck Short Muni ETF by 10.7% during the third quarter. MML Investors Services LLC now owns 102,229 shares of the company’s stock valued at $1,768,000 after acquiring an additional 9,855 shares during the last quarter.

VanEck Short Muni ETF Trading Up 0.6 %

SMB stock opened at $17.18 on Monday. The business’s 50 day simple moving average is $17.15 and its 200 day simple moving average is $17.17.

VanEck Short Muni ETF Company 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.