VanEck Short Muni ETF $SMB Shares Sold by Private Trust Co. NA

Private Trust Co. NA lowered its holdings in VanEck Short Muni ETF (BATS:SMB) by 9.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 42,009 shares of the company’s stock after selling 4,187 shares during the quarter. Private Trust Co. NA’s holdings in VanEck Short Muni ETF were worth $725,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Harbour Investments Inc. grew its stake in shares of VanEck Short Muni ETF by 15.0% during the 1st quarter. Harbour Investments Inc. now owns 5,091 shares of the company’s stock worth $87,000 after purchasing an additional 663 shares during the period. IFP Advisors Inc purchased a new stake in VanEck Short Muni ETF during the first quarter worth about $137,000. Flagship Harbor Advisors LLC purchased a new stake in VanEck Short Muni ETF during the first quarter worth about $191,000. Kavar Capital Partners Group LLC acquired a new position in VanEck Short Muni ETF during the second quarter worth about $216,000. Finally, Keystone Global Partners LLC purchased a new position in VanEck Short Muni ETF in the first quarter valued at about $257,000.

VanEck Short Muni ETF Trading Down 0.5%

SMB stock opened at $17.39 on Friday. The firm has a 50 day moving average of $17.38 and a 200-day moving average of $17.22. VanEck Short Muni ETF has a 12-month low of $16.70 and a 12-month high of $17.29.

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.