Fluent Financial LLC Makes New Investment in VanEck Short Muni ETF (BATS:SMB)

Fluent Financial LLC purchased a new position in VanEck Short Muni ETF (BATS:SMB) in the 3rd quarter, HoldingsChannel reports. The fund purchased 11,730 shares of the company’s stock, valued at approximately $203,000.

Other large investors have also modified their holdings of the company. Brand Asset Management Group Inc. purchased a new position in VanEck Short Muni ETF in the second quarter valued at $178,000. Miracle Mile Advisors LLC purchased a new stake in VanEck Short Muni ETF during the 1st quarter worth about $275,000. Comerica Bank raised its position in 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 purchasing an additional 1,504 shares in the last quarter. FAS Wealth Partners Inc. boosted its stake in shares of VanEck Short Muni ETF by 6.9% in the 1st quarter. FAS Wealth Partners Inc. now owns 36,039 shares of the company’s stock valued at $613,000 after buying an additional 2,326 shares during the period. Finally, Massmutual Trust Co. FSB ADV boosted its stake in shares of VanEck Short Muni ETF by 80.1% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 45,900 shares of the company’s stock valued at $780,000 after buying an additional 20,409 shares during the period.

VanEck Short Muni ETF Stock Performance

Shares of VanEck Short Muni ETF stock traded down $0.05 on Friday, reaching $17.21. 14,991 shares of the company were exchanged. The stock’s fifty day moving average is $17.21 and its 200 day moving average is $17.07.

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.