Raymond James Trust N.A. Has $216,000 Stock Holdings in VanEck Short Muni ETF (BATS:SMB)

Raymond James Trust N.A. decreased its stake in VanEck Short Muni ETF (BATS:SMB) by 22.5% in the third quarter, HoldingsChannel reports. The firm owned 12,483 shares of the company’s stock after selling 3,632 shares during the period. Raymond James Trust N.A.’s holdings in VanEck Short Muni ETF were worth $216,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Brand Asset Management Group Inc. purchased a new stake in VanEck Short Muni ETF during the second quarter valued at about $178,000. Fluent Financial LLC acquired a new stake in shares of VanEck Short Muni ETF during the third quarter valued at approximately $203,000. Kavar Capital Partners Group LLC acquired a new stake in shares of VanEck Short Muni ETF during the third quarter valued at approximately $216,000. Comerica Bank lifted its position in shares of VanEck Short Muni ETF by 8.1% in the 1st quarter. Comerica Bank now owns 20,148 shares of the company’s stock valued at $343,000 after acquiring an additional 1,504 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in VanEck Short Muni ETF in the 3rd quarter worth approximately $432,000.

VanEck Short Muni ETF Stock Performance

Shares of BATS:SMB opened at $17.22 on Friday. The firm’s 50-day moving average price is $17.20 and its two-hundred day moving average price is $17.12.

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.