Freedom Investment Management Inc. Has $1.33 Million Position in VanEck Short Muni ETF (BATS:SMB)

Freedom Investment Management Inc. boosted its holdings in shares of VanEck Short Muni ETF (BATS:SMB) by 0.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 77,911 shares of the company’s stock after acquiring an additional 649 shares during the period. Freedom Investment Management Inc.’s holdings in VanEck Short Muni ETF were worth $1,332,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Providence First Trust Co acquired a new stake in shares of VanEck Short Muni ETF during the fourth quarter worth $48,000. ST Germain D J Co. Inc. bought a new position in VanEck Short Muni ETF during the fourth quarter worth about $91,000. Golden State Wealth Management LLC acquired a new position in shares of VanEck Short Muni ETF during the 4th quarter worth about $133,000. Atria Wealth Solutions Inc. bought a new stake in shares of VanEck Short Muni ETF in the 4th quarter valued at about $225,000. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of VanEck Short Muni ETF in the 4th quarter valued at approximately $246,000.

VanEck Short Muni ETF Price Performance

VanEck Short Muni ETF stock opened at $16.92 on Friday. VanEck Short Muni ETF has a fifty-two week low of $16.70 and a fifty-two week high of $17.29. The company’s 50 day simple moving average is $17.10 and its 200 day simple moving average is $17.14.

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.