HighTower Advisors LLC Has $838,000 Stock Holdings in VanEck Vectors Short Muni ETF (NYSEARCA:SMB)

HighTower Advisors LLC cut its holdings in shares of VanEck Vectors Short Muni ETF (NYSEARCA:SMB) by 19.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,386 shares of the company’s stock after selling 11,352 shares during the period. HighTower Advisors LLC owned about 0.27% of VanEck Vectors Short Muni ETF worth $838,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of SMB. Royal Bank of Canada boosted its position in VanEck Vectors Short Muni ETF by 66.1% during the 1st quarter. Royal Bank of Canada now owns 455,542 shares of the company’s stock worth $8,213,000 after buying an additional 181,334 shares during the period. Jane Street Group LLC acquired a new position in shares of VanEck Vectors Short Muni ETF in the 1st quarter worth approximately $2,163,000. Morgan Stanley lifted its position in shares of VanEck Vectors Short Muni ETF by 23.6% in the 1st quarter. Morgan Stanley now owns 580,743 shares of the company’s stock worth $10,471,000 after purchasing an additional 110,990 shares during the period. Stifel Financial Corp lifted its position in shares of VanEck Vectors Short Muni ETF by 35.9% in the 1st quarter. Stifel Financial Corp now owns 392,497 shares of the company’s stock worth $7,077,000 after purchasing an additional 103,667 shares during the period. Finally, Eqis Capital Management Inc. acquired a new position in shares of VanEck Vectors Short Muni ETF in the 1st quarter worth approximately $1,433,000.

Shares of NYSEARCA SMB opened at $18.07 on Tuesday. The company’s 50 day moving average price is $18.07 and its 200-day moving average price is $18.06. VanEck Vectors Short Muni ETF has a 52-week low of $17.94 and a 52-week high of $18.21.

VanEck Vectors Short Muni ETF Company Profile

Market Vectors Short Municipal Index ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Barclays Capital AMT-Free Short Continuous Municipal Index (the Index). The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 1 to 6 years.

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Institutional Ownership by Quarter for VanEck Vectors Short Muni ETF (NYSEARCA:SMB)

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