Several major investors recently adjusted their shares in the VanEck Short Muni ETF (SMB). Brand Asset Management bought a new stake worth $178,000 in Q2. Miracle Mile Advisors purchased $275,000 in Q1. Comerica Bank raised its stake by 8.1%, now owning 20,148 shares valued at $343,000 after adding 1,504 shares. FAS Wealth Partners grew its holdings by 6.9% to 36,039 shares, now worth $613,000 after acquiring 2,326 shares. Massmutual Trust Co. increased its stake by 80.1% in Q2, now holding 45,900 shares valued at $780,000 after a purchase of 20,409 shares.
VanEck Short Muni ETF Stock Performance
BATS:SMB shares fell $0.05 to $17.21 on Friday, with a trading volume of 14,991 shares. Its 50-day moving average is $17.21 and the 200-day average is $17.07.
About VanEck Short Muni ETF
The VanEck Short Muni ETF (SMB) is an exchange-traded fund focusing on investment-grade, tax-exempt municipal bonds with maturities of 1-6 years. Launched on February 22, 2008, it is managed by VanEck.
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