Stronghold Wealth Management L.L.C. purchased a new position in shares of VanEck Short Muni ETF (BATS:SMB – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 29,976 shares of the company’s stock, valued at approximately $522,000. Stronghold Wealth Management L.L.C. owned approximately 0.19% of VanEck Short Muni ETF as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in VanEck Short Muni ETF in the 4th quarter valued at approximately $43,000. AE Wealth Management LLC raised its stake in shares of VanEck Short Muni ETF by 359.7% during the 3rd quarter. AE Wealth Management LLC now owns 2,501 shares of the company’s stock worth $44,000 after buying an additional 1,957 shares in the last quarter. Guerra Advisors Inc purchased a new position in shares of VanEck Short Muni ETF during the 3rd quarter worth approximately $46,000. Concurrent Investment Advisors LLC purchased a new position in shares of VanEck Short Muni ETF during the 4th quarter worth approximately $191,000. Finally, Susquehanna International Group LLP raised its stake in shares of VanEck Short Muni ETF by 11.1% during the 3rd quarter. Susquehanna International Group LLP now owns 11,918 shares of the company’s stock worth $208,000 after buying an additional 1,192 shares in the last quarter.
VanEck Short Muni ETF Price Performance
Shares of SMB stock opened at $17.22 on Monday. The stock has a 50 day simple moving average of $17.31 and a 200-day simple moving average of $17.36. VanEck Short Muni ETF has a 12-month low of $17.08 and a 12-month high of $17.53.
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.
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